Examlex
Which of the following statements is false?
Profit
The financial gain obtained when the revenue from business activities exceeds the expenses, costs, and taxes involved in maintaining the business.
GDP Component
Parts that make up the Gross Domestic Product, typically including consumption, investment, government spending, and net exports.
National Income
The total value of all income earned by a nation's residents and businesses, including wages, rent, interest, and profits.
NDP
Net Domestic Product, which represents the total value of all goods and services produced within a country in a specific period, minus depreciation.
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