The Sum of the Components of Incomes Is Called

question 180

Multiple Choice

The sum of the components of incomes is called

• A)net domestic product at market prices.
• B)gross domestic product at market prices.
• C)gross domestic product at factor cost.
• D)net domestic product at factor cost.
• E)GNP.

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Definitions:

Reproductive Parts

Reproductive parts are the organs of an organism that are involved in the production of offspring.

Desert Plants

Plants adapted to arid environments, often exhibiting features such as reduced leaf surface area and water storage tissues.

Extinct

Describes a species that no longer exists on Earth, having no living members.

Naturalist

A scientist who studies organisms in their natural habitats, observing and documenting the interactions of plants and animals with their environment.