The Income Approach to Measuring GDP Is Based on Summing

question 84

Multiple Choice

The income approach to measuring GDP is based on summing

• A)consumption expenditure and wages.
• B)the production of each industry.
• C)the values of final goods, intermediate goods and services, used goods, and financial assets.
• D)wages, interest, rent, and profits.
• E)consumption expenditure, investment, government expenditures on goods and services, and net exports of goods and services.

---

Definitions:

Glucosamine Sulfate

A dietary supplement derived from shellfish that is used to support joint health and relieve symptoms of osteoarthritis.

Osteoarthritis

A degenerative joint disease causing pain and stiffness, primarily affecting the elderly or after joint injury.

Pain Relief

Techniques or medications used to reduce or eliminate physical discomfort or pain.

Anorexic

One suffering from anorexia.