Using the Income Approach for Calculating GDP, Which of the Following

question 127

Multiple Choice

Using the income approach for calculating GDP, which of the following was the largest contributor to Canada's national income in 2017?

• A)Employee compensation
• B)Gross operating surplus
• C)Gross mixed income
• D)Taxes

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Definitions:

Utrecht Psalter

A highly important and richly illustrated Carolingian manuscript from the 9th century, known for its unique pen and ink drawings.

Celtic High Crosses

Stand-alone Christian crosses, typically made of stone and richly decorated with Celtic art, which were common in Ireland and Britain during the early medieval period.

Stone

A hard, solid mineral matter that is used in construction and sculpture for its durability and natural beauty.

Equestrian Statues

Sculptures representing figures, typically historical or heroic, mounted on horseback, symbolizing power and status.