Multiple Choice
To measure GDP by using the income approach,we must add all incomes and then ________ depreciation and ________ net taxes less subsidies.
A) neither add nor subtract;add
B) add;neither add nor subtract
C) add;add
D) add;subtract
E) subtract;add
Correct Answer:

Verified
Correct Answer:
Verified
Q21: When measuring GDP by the income approach,wage
Q22: Nominal GDP is GDP<br>A)using current market values.<br>B)during
Q23: As more women decide to work outside
Q24: Which of the following is included as
Q25: You hire some of your friends to
Q27: One reason the total sum of the
Q28: When total output,income,employment,and trade decline for 6
Q29: Nominal GDP increases<br>A)only if total production increases.<br>B)only
Q30: In 1961,real GDP totaled $575 billion and
Q31: Which of the following is NOT directly