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The Income Approach Measures GDP by Summing

Question 171

Multiple Choice

The income approach measures GDP by summing


A) C + I + G + NX.
B) the total production of all final goods and services produced in a year within a country's borders.
C) the wealth of households,business and government.
D) the incomes paid households for the resources they own.
E) Both answers A and D are correct.

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