Which approach to calculating GDP is computed using compensation of employees, rental income, profits, net interest, indirect business taxes, and depreciation?

The benefits-received principle of taxation is most evident in:

A. progressive tax rates. B. excise taxes on gasoline. C. the personal income tax. D. the corporate income tax.

Markets in which the behavior of the firms theoretically leads to an efficient allocation of resources that maximizes the benefits to consumers given the resources available to consumers are

A. monopolistic competition and oligopoly. B. monopoly and oligopoly. C. monopolistic competition and monopoly. D. perfect competition and perfectly contestable.