In 2010,the Labor Income Component of GDP Was Equal to

question 157

Multiple Choice

In 2010,the labor income component of GDP was equal to

• A)$8 trillion.
• B)$80 billion.
• C)$1,700 million.
• D)$8,048 trillion.
• E)None of these

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Definitions:

Stock Dividend

A form of dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.

Paid-In Capital

The capital received by a company from investors in exchange for stock, representing funds raised beyond the par value of the shares issued.

Paid-In Capital in Excess of Par

The amount of capital received from investors for stock, in excess of the par value of the shares.

Common Stock

A type of equity ownership in a corporation, with voting rights and potential dividends, representing a share in the company's profits and losses.