Multiple Choice
Which of the following is NOT part of the income used in the income approach to measuring GDP?
A) wages
B) rent
C) interest
D) taxes paid by persons
E) profit
Correct Answer:

Verified
Correct Answer:
Verified
Q219: A standard definition of recession is<br>A)a period
Q220: Pat gives up a $40,000 per year
Q221: Investment includes<br>A)GM's purchase of robotic machinery.<br>B)student purchases
Q222: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -Bananaland produces only
Q223: The Great Moderation describes the period<br>A)of relatively
Q225: Leisure time<br>A)is less valuable to us than
Q226: If you sell your textbook to your
Q227: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1457/.jpg" alt=" -Bananaland produces only
Q228: Net exports of goods and services is
Q229: Assume a small nation has the following