Multiple Choice
Which of the following is included when using the income method to measure GDP?
A) Government purchases of goods and services.
B) Net exports of goods and services.
C) Household consumption expenditures.
D) Gross private domestic investment.
E) Business profits.
Correct Answer:
Verified
Correct Answer:
Verified
Q185: The largest single income component of income-based
Q186: Consumption expenditures include spending by households on<br>A)
Q187: A firm's revenue from selling its product
Q188: Suppose that the total production an economy
Q189: A measure of GDP in which quantities
Q191: Government purchases include spending by all levels
Q192: If a pizza maker pays $1 for
Q193: Increasing the length of the workweek in
Q194: Although GDP is not the same as
Q195: A jar of orange marmalade,ultimately sold to