Proprietors' income is a component of which approach to measuring GDP?

What is a primary determinant of the asset demand for money?

I. the interest rate II. the opportunity cost of holding money III. the supply of money A) I only B) III only C) both I and II D) both II and III

National output and national income are the same because

A) one seller's profit is another seller's loss. B) one seller's profit is another buyer's loss. C) the sale of goods and services generates income for the sellers. D) the sale of goods and services generates tax revenues for the government.