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What Are the Components of Net Domestic Income at Factor

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What are the components of net domestic income at factor cost? What is the relative share of GDP in 2011 going to: Wages, salaries and supplementary labour income; and to Profits of corporations and government enterprises before taxes?


Definitions:

Units of Output

The quantity of product or service produced by a company, industry, or economic sector.

Marginal Product

The additional output resulting from the use of one more unit of a production input, holding other inputs constant.

Total Product

The overall quantity of output produced by a firm from a given amount of inputs within a certain period.

Quality Tools

Instruments or techniques used to enhance product or service quality through problem-solving, process analysis, and improvement strategies.

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