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Business, 29.08.2019 17:30 datstepparoddoe27

Which of the following correctly describes gdp using the income approach?
a) gdp = consumption + gross investment + net exports + government purchases
b) gdp = wages + rents + interest + profits and losses + national income
c) gdp = wages + rents + interest + profits and losses
d) gdp = national income + indirect business taxes + depreciation + net foreign factor income

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Which of the following correctly describes gdp using the income approach?
a) gdp = consumpti...
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