Multiple Choice
What is the measure of the income received by owners of resources used in making final goods and services?
A) factor payments
B) product payments
C) indirect earnings
D) direct earnings
Correct Answer:

Verified
Correct Answer:
Verified
Q12: If real GDP increased by 2% and
Q13: A price index can fall from one
Q14: Declines in business inventories enter national income
Q15: Which of the following is not part
Q16: Which is greater, gross domestic product or
Q18: Using the expenditure approach to GDP accounting,
Q19: Inflation that causes an increase in the
Q20: If nominal GDP rises:<br>A)we can be sure
Q21: Exhibit 11-1<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5768/.jpg" alt="Exhibit 11-1
Q22: Depreciation is:<br>A)income earned but not received.<br>B)an allowance