The income approach to measuring GDP involves adding up the following ________
A) household income and income generated by firms
B) private spending, tax revenues and government spending
C) transfer payments and income taxes
D) interest income, profits and social security benefits
E) wages, benefits and interest income
A
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Economist Richard Baldwin says the optimism about the Eurozone may be unjustified. His research suggests trade increases in the Eurozone as a result of the currency union:
A) are much larger than previous estimates or forecasts and likely to show future gains. B) are much smaller than previous estimates or forecasts and unlikely to show future gains. C) are less stable and subject to wide variations. D) could be much larger if poor and unstable economies were not in the Eurozone.
About half of black and Hispanic children in female-headed households live in poverty
a. True b. False Indicate whether the statement is true or false