Which of the Following Is a Component of the Incomes

question 110

Multiple Choice

Which of the following is a component of the incomes approach to GDP?

• A) consumption expenditure
• B) wages and salaries
• C) investment
• D) government expenditure on goods and services

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Definitions:

Positioning Strategy

A marketing approach that aims to establish a brand or product in the mind of the target audience in comparison to competitors.

Marketing Mix

A foundational model in marketing representing the basic elements that can be controlled to appeal to customers, traditionally defined as product, price, place, and promotion.

Market Segment

A group of consumers who respond similarly to a firm’s marketing efforts.

Responsive

The ability of a system or design to adapt effectively to different devices, environments, or user needs.