Use the Table Below to Answer the Following Questions

question 28

Multiple Choice

Use the table below to answer the following questions.
Table 4.2.4

-Which approach to measuring GDP is being used when Statistics Canada sums wages, salaries and supplementary labour income, and other factor incomes?

• A)income approach
• B)value- added approach
• C)expenditure approach
• D)opportunity cost approach
• E)factor cost approach

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Definitions:

Interest Rate

The percentage of a sum of money charged for its use, commonly expressed as an annual percentage rate.

Efficient Markets Hypothesis

The theory that all available information is already reflected in asset prices, implying that stocks always trade at their fair value, making it impossible to consistently achieve higher-than-average returns.

Efficient Markets Hypothesis

The theory that all available information is already reflected in stock prices, thus making it impossible to consistently achieve higher returns.

Return And Risk

Concepts in finance and investing that denote the potential profit or loss and the uncertainty associated with an investment.