To Calculate GDP from the Income Side,one Must Add Together

question 3

Multiple Choice

To calculate GDP from the income side,one must add together wages,

• A)consumption and depreciation.
• B)interest,rent,depreciation,profits and indirect taxes net of subsidies.
• C)investment,rent,depreciation,profits and indirect taxes net of subsidies.
• D)government income,interest,and profits.
• E)net exports,depreciation,and profits.

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Definitions:

Designing Organizations

Designing organizations involves structuring and aligning the various parts of an organization in a way that matches its strategy, enhances efficiency, and facilitates management and operational processes.

Departmentalization

The process of dividing an organization into different departments or units, each specializing in a specific area of operation.

Organizational Structure

The system used to define a hierarchy within an organization, determining how roles, responsibilities, and authority are organized and how information flows between the levels of management.

Functional Structure

A type of organizational structure where the company is divided into departments or teams based on specialized functions, such as marketing, finance, or production.