Multiple Choice
Which of the following is not a component of the income approach?
A) labour income
B) capital and mixed income
C) transfer payments
D) indirect business taxes
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q7: Nominal GDP always grows faster than real
Q8: If nominal GDP increased by 11 per
Q9: Which of the following is not omitted
Q10: Many things that society values, such as
Q11: Statistics such as GDP, the unemployment rate,
Q13: Real GDP is the production of goods
Q14: The goal of macroeconomics is:<br>A)to explain the
Q15: David's Microchip Company (DMC) produces microchips for
Q16: A company produces an intermediate good on
Q17: When calculating GDO, what matters is<br>A)the location