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    Macroeconomics Study Set 17
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    Exam 8: GDP: Measuring Total Production and Income
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    Total Income in an Economy Is Equal to
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Total Income in an Economy Is Equal to

Question 116

Question 116

Multiple Choice

Total income in an economy is equal to


A) GDP minus net exports.
B) income minus taxes.
C) the sum of wages,interest,rent,and profit.
D) firm revenues.

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