Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies O b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits+ proprietors' income + indirect taxes - subsidies

Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies O b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits+ proprietors' income + indirect taxes - subsidies

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...

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