To Measure GDP by Using the Income Approach, We Must

question 81

Multiple Choice

To measure GDP by using the income approach, we must add all incomes and then _{--------------------} depreciation and _ net taxes less subsidies.

• A)neither add nor subtract; add
• B)add; neither add nor subtract
• C)add; subtract
• D)add; add
• E)subtract; add

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Definitions:

Explicit Attitudes

Attitudes that are consciously acknowledged and easily reported by the individual.

Stereotype

A fixed, oversimplified, and often inaccurate idea of the characteristics that typify a person or group, leading to prejudiced attitudes and actions.

Academic Achievers

Individuals who attain a high level of success in educational settings through excellent performance and grades.

Professional Athletes

Individuals who are paid to compete in sports at an expert level.