Which of the following is a component of the incomes approach to GDP?
A) consumption expenditure
B) wages and salaries
C) investment
D) government expenditure on goods and services
B
Economics
You might also like to view...
Which of the following would you expect to increase the equilibrium interest rate?
A) an increase in the budget deficit B) a decrease in the profitability of investment projects firms are considering C) a change from an income tax to a consumption tax D) an increase in the percentage of income after net taxes that households save Figure 21-1
Economics
The Coase Theorem states that there is different ways to assign property rights if the private sector is to achieve environmental efficiency
a. True b. False Indicate whether the statement is true or false
Economics