Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies O b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits+ proprietors' income + indirect taxes - subsidies

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter8: Aggregate Demand And The Powerful Consumer
Section8.A: National Income Accounting
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Spring20 fall20
Which of the following expressions equals GDP?
Select one:
a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies
b. compensation of employees + consumption + depreciation + net investment
O C. compensation of employees + net expdsts + depreciation + corporate profits
d. compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect
taxes - subsidies
Next page
Transcribed Image Text:Spring20 fall20 Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expdsts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect taxes - subsidies Next page
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