After calculating net domestic product at factor cost, to calculate GDP using the income approach, in part we must add
A) interest, rent, and profit.
B) wages.
C) indirect taxes and depreciation.
D) net operating surplus.
E) subsidies.
C
Economics
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Indexing the tax system to take into account the effects of inflation would by itself
a. mean that only real interest earnings are taxed. b. mean an end to taxing capital gains. c. mean an increase in average tax rates. d. All of the above are correct.
Economics
All of these countries are similar in their labor union membership as a percentage of their labor force, except
A. United States B. Germany C. Sweden D. Australia
Economics