Which of the Following Expressions Equals GDP

question 91

Multiple Choice

Which of the following expressions equals GDP?

• A) compensation of employees + consumption + depreciation + net investment
• B) compensation of employees + net exports + depreciation + corporate profits
• C) compensation of employees + net interest + rental income + depreciation + corporate profits + proprietorsʹ income + indirect taxes - subsidies
• D) compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes - subsidies

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Definitions:

Proposition

A statement or assertion that expresses a judgment or opinion; in logic, it refers to a declarative sentence that is either true or false.

Venn Diagram

A diagrammatic representation of sets, their relationships, and intersections, used to visually illustrate logical relationships.

Four Terms

In logic, the fallacy of four terms (quaternio terminorum) occurs when a syllogism has four distinct terms, making it invalid.

Two Dimensions

A term referring to a plane or surface that has length and width, but no depth.