According to the Factor Income Approach, GDP Is the Sum

question 205

Multiple Choice

According to the factor income approach, GDP is the sum of:

• A) consumption, investment, government purchases, and exports.
• B) consumption, investment, government purchases, and net exports.
• C) wages, interest, rent, and profit.
• D) wages, investment, rent, and profit.

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Definitions:

Heart Attack

A medical condition characterized by the sudden blockage of blood flow to the heart muscle, leading to tissue damage.

Relaxation Response

A physiological state achieved through techniques like meditation and deep-breathing, opposite to the stress response, promoting calmness and reduced stress.

Oxygen Consumption

The rate at which oxygen is utilized by tissues in the body during metabolic processes.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, usually measured in the arteries.