When Using the Income Approach to Measure GDP,the Largest Share

question 51

Multiple Choice

When using the income approach to measure GDP,the largest share of GDP generally consists of

• A)interest income.
• B)labor income.
• C)indirect taxes.
• D)profits.
• E) capital income.

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Ignore Differences

The deliberate or unintentional refusal to recognize or acknowledge variations between entities or pieces of information.

Common Ingroup Identity

A recategorizing of members of two or more distinct groups into a single, overarching group.

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Members of the species Homo sapiens, characterized by their ability to think, communicate, and create culture.