The largest single income component of income-based GDP is
A) wages,salaries,and supplementary labour income.
B) corporate and like profits before taxes.
C) net farm and small business income.
D) interest and miscellaneous income.
E) capital consumption allowances.

Question

Quizplus · Accepted Answer

According to the Bureau of Economic Analysis, wages, salaries, and supplementary labour income account for approximately 70% of income-based GDP in the United States, making it the largest single income component.

The Largest Single Income Component of Income-Based GDP Is