The income based GDP formula states that GDP is the sum of wages, rent, and interest, and in a given economy. A) commodities b) profits c)taxes d)tarrifs
The income based GDP formula states that GDP is the sum of wages, rent, and interest, and in a given economy. A) commodities b) profits c)taxes d)tarrifs
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp
Section: Chapter Questions
Problem 5QP
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The income based GDP formula states that GDP is the sum of wages, rent, and interest, and in a given economy.
A) commodities
b) profits
c)taxes
d)tarrifs
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