When calculating the compensation of employees part of GDP
A) Social Security contributions must be included.
B) fringe benefits are not included.
C) taxes withheld on earnings are not included.
D) the value of vacation time must be included.
A
Economics
You might also like to view...
All these are characteristics of a monopoly except,
a. There is one seller of the product b. Has few substitutes c. Controls a large share of the market d. Controls a small share of the market
Economics
When the domestic price of a good is below the world price, the imposition of a tariff on the import of the good _____
a. results in a loss in producer surplus b. results in a gain in producer surplus c. does not affect government revenue d. does not lead to a deadweight loss
Economics