Which of the Following Represents the Factor Income Approach to Splitting

question 221

Multiple Choice

Which of the following represents the factor income approach to splitting GDP?

• A) GDP = wages + profit.
• B) GDP = wages + rent + interest.
• C) GDP = wages + rent + profit.
• D) GDP = wages + rent + interest + profit.

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Definitions:

Skulls

The bony structures forming the head in vertebrates, housing the brain and providing support for the face and jaws.

Neuron

A nerve cell.

Axon

The main protruding branch of a neuron; it carries messages to other cells in the form of electrical impulses.

Neurons

are the basic working units of the brain, specialized cells designed to transmit information to other nerve cells, muscle, or gland cells.