Which of the Following Is NOT One of the Components

question 70

Multiple Choice

Which of the following is NOT one of the components for computing GDP based upon the income approach?

• A) investment
• B) corporate profits
• C) compensation of employees
• D) net interest

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Definitions:

Federal Deposit Insurance Corporation (FDIC)

A U.S. government agency that insures deposits in banks and thrift institutions for up to $250,000 per depositor, per insured bank, for each account ownership category.

Securities Exchange Commission

A U.S. federal agency that oversees the securities markets and protects investors by maintaining fair, orderly, and efficient markets.

Social Security System

A governmental program designed to provide financial assistance to individuals during retirement, and in some cases, upon disability or to surviving family members upon a worker's death.

Transcontinental Railroad

A contiguous network of railroad trackage that crosses a continental landmass with terminals at different seas or ocean borders.