The Value of Income Generated by the Production of a Given

question 151

Multiple Choice

The value of income generated by the production of a given value of final goods and services is called:

• A) gross domestic income.
• B) net factor output.
• C) net foreign factor income.
• D) gross personal product.

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Definitions:

Abu Simbel

An ancient temple complex in southern Egypt, built by Pharaoh Ramesses II, featuring monumental statues and intricate carvings.

Thebes

An ancient Egyptian city located along the Nile river, known for its wealth, art, and architectural sites like the Karnak Temple and the Valley of the Kings.

Old Kingdom

The period in ancient Egyptian history characterized by the construction of the pyramids, spanning from around 2686 to 2181 BCE.

Valley Temple

The temple closest to the Nile River, associated with each of the Old Kingdom pyramids at Gizeh in ancient Egypt.