To calculate GDP from the income side, one must add together wages, a) government income, interest, and profits. b) consumption and depreciation. c) interest, rent, depreciation, profits and indirect taxes net of subsidies. d) investment, rent, depreciation, profits and indirect taxes net of subsidies.
To calculate GDP from the income side, one must add together wages, a) government income, interest, and profits. b) consumption and depreciation. c) interest, rent, depreciation, profits and indirect taxes net of subsidies. d) investment, rent, depreciation, profits and indirect taxes net of subsidies.
Chapter5: Gross Domestic Product
Section: Chapter Questions
Problem 9SQ
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Transcribed Image Text:To calculate GDP from the income side, one must add together wages,
a) government income, interest, and profits.
b) consumption and depreciation.
c) interest, rent, depreciation, profits and indirect taxes net of subsidies.
d) investment, rent, depreciation, profits and indirect taxes net of subsidies.
e) net exports, depreciation, and profits.
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