Which of the following is NOT a way to express GDP?
A) Total value added.
B) The market value of final goods and services.
C) Total expenditures on consumption,private-sector investment,government purchases,and net exports.
D) Labour income and capital income.
E) Total wages paid to workers.
Correct Answer:
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Q98: The largest component of GDP in terms
Q99: Q100: Capital income includes Q101: Peg's Manicure Manor did 4,000 sets of Q102: The largest single income component of income-based Q104: A circular flow diagram that includes the Q105: Real GDP measures the _ of production Q106: A circular flow diagram that includes the Q107: Bob's Barber Shop gave 3,000 haircuts in Q108: Bob's Barber Shop gave 3,000 haircuts in
A) profits,rent,and interest.
B) wages and
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