Multiple Choice
When measuring GDP by the income approach, wage income includes i) health-care insurance paid for by the firm for its employees.
Ii) Social Security contributions made by the firm.
Iii) wages paid during a worker's vacation time.
A) i, ii and iii
B) i and ii only
C) i only
D) ii only
E) ii and iii only
Correct Answer:
Verified
Correct Answer:
Verified
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