Which of the Following Statements Is False

question 135

Multiple Choice

Which of the following statements is false?

• A)Capital income is made up of profits, rental payments, and interest payments.
• B)Labor income is made up of wages, salaries, and fringe benefits.
• C)For purposes of measuring GDP, only net investment is counted.
• D)Labor income is greater than half of GDP.
• E)Net investment is the difference between gross investment and depreciation.

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Definitions:

Distribution Center

A specialized facility that serves as a strategic storage and shipping location for products, aiming to streamline product distribution to retailers or directly to consumers.

Advanced Shipping Notice

A notification of pending deliveries, typically sent electronically to a recipient detailing information about a shipment before it arrives, including contents, packaging, and carrier details.

Universal Product Code

A barcode symbol that is widely used in retail for tracking trade items in stores, containing a unique identifier for each product.

Vendor-managed Inventory

A supply chain strategy where the supplier assumes responsibility for managing inventory levels at the customer's premises.