Which of the following best represents the Income approach for computing GDP? *
a.GDP = R+W+I+P
b.GDP = C+Ig+G=X-M
c.GDP = L+L+C+E
d.GDP = CE
e.None of these.

Answers

Answer 1
E: None of these

GDP = C + G + I + NX

C = consumption or all private consumer spending within a country’s economy, including, durable goods (items with a lifespan greater than three years), non-durable goods (food & clothing), and services.

G = total government expenditures, including salaries of government employees, road construction/repair, public schools, and military expenditure.

I = sum of a country’s investments spent on capital equipment, inventories, and housing.

NX = net exports or a country’s total exports less total imports.

Answer 2

The income approach for computing GDP is GDP = R+W+I+P

Gross domestic product (GDP) is the sum of final goods and services produced in a country in a given year

There are three methods of calculating GDP:

Income approach = Wages of labour + Rental income from ownership of capital + Interest + Profits.

Expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export

Production approach = final cost of goods and services - intermediate cost

To learn more about GDP, please check: https://brainly.com/question/15899184?referrer=searchResults


Related Questions

Simplify the expression:
(7/5)(5x^2)

Answers

Reduce the numbers with the greatest common factor 5.
The final answer is: 7x^2
The final answer is = 7x ^ 2

Please help!
What does congress do? How does a bill become a law?

Answers

A bill can be introduced in either chamber of Congress by a senator or representative who sponsors it. ... The president can approve the bill and sign it into law or not approve a bill. If the president chooses to veto a bill, in most cases Congress can vote to override that veto and the bill becomes a law.

Describe one family member of yours. Dicuss as many detail as possible about this person and what make them unique

Answers

My brother. What makes him unique is his ability to make you smile all the time. His stories are always hilarious and he can make a bad day better. When he walks into a room he has a joke ready on each hip like a cow boys pistols.

When a u.s. company purchases and imports electronic parts from china to use to produce mp3 players within the united states, this purchase increases the component of gdp while also net exports by the same amount. therefore, the purchase of electronic parts from china causes in us gdp.?

Answers

Answer: investment; reducing; no net change

Explanation:

When a U.S. company purchases and imports electronic parts from China to use to produce mp3 players within the United States, this purchase increases the investment component of GDP while also reducing net exports by the same amount.

Therefore, the purchase of electronic parts from China causes no net change in US GDP.

The purchase of electronic parts from China will count towards Investment as the parts acquired will enable the company to produce goods.

As the purchase is from firms outside the country, it will count as Imports. Net Exports is calculated by deducting imports from exports so more imports reduce net exports.

With Investment going up and Net exports going down by the same amount, there will be no change in GDP as both Investment and Net Exports are components of GDP.

Chemical weathering occurs when minerals in rocks are changed chemically. Which of these will most likely change the rate of chemical weathering on a rock?
Group of answer choices

a. increase in rainfall amounts

b. slow movement of a glacier

c. rapid growth of plant roots

d. decrease in air temperature

Answers

Answer:

increase in rainfall amounts.

Explanation:

The one that is most likely to change the rate of chemical weathering on a rock is an increase in rainfall amounts. The correct option is a.

What is chemical weathering?

Because the minerals present in rocks can change when they are exposed to substances like oxygen, carbon dioxide, and acids, it is the process by which rocks are broken down by chemical processes.

Accordingly, this type of rock breaking occurs as a result of chemical processes, as opposed to physical weathering, in which the rock breaks naturally without enduring any changes to its chemical composition.

It follows that physical weathering is the fragmentation of it without modifying its chemical or mineralogical composition, whereas chemical weathering is the chemical composition, according to the research.

Therefore, the correct option is a. increase in rainfall amounts.

To learn more about chemical weathering, refer to the link:

https://brainly.com/question/29057766

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What condition results in magma cooling and forming a “glassy” igneous rock?
A)
extremely slow cooling
B)
cooling in the presence of oxygen
C)
extremely rapid cooling
D)
partial melt cooling
E)
extremely high pressure

Answers

Answer: C)  extremely rapid cooling

Explanation:

When magma goes through extremely rapid cooling and especially if it did not dissolve enough water into it, it could freeze to glass or the mineral crystals that will be formed will be so small, they will look like glass.

This is because the reactions that occur to create minerals are affected directly by temperature such that if the magma cools down extremely slowly, it will form very large crystals but extremely fast would result in small crystals.

Answer:C

Explanation:

One week, Manuel worked his regular 40 hours

Answers

Okay? I’m confused by this

Answer:

Good For him I guess

Explanation:

Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied. Which of the four candidates would be the best choice for Marta to interview?

Answers

Group of answer choices.

A. Ahmed, who studied mathematics and economics.

B. Michelle, who studied psychology and physiology.

C. Marisol, who studied communications and business.

D. Jackson, who studied liberal arts and foreign languages.

Answer:

C. Marisol, who studied communications and business

Explanation:

Human resources (HR) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization. Thus, human resources managers are saddled with the responsibility of managing and improving the welfare and working conditions of the employees working in an organization.

In this scenario, Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied.

Hence, the candidate that would be the best choice for Marta to interview is Marisol, who studied communications and business because with her course of study, she should have the requisite knowledge and skill set to work effectively and efficiently in the Human Resources department.

Answer:

c

Explanation:

just took the test

snickers or Twix? Choose wisely

Answers

Twix all the way!! Snickers are trash

Answer:

ok I'll choose wisely it's your wish what you'll say to choose that I'll choose

Explanation:

btw follow me on my another account

( sarivigakarthi).

plz......

Which of the following is not a health effect of ozone pollution in the lower atmosphere?


bronchitis

difficulty breathing

loss of dexterity

permanent lung damage

pneumonia

Answers

Answer: Pneumonia

Explanation:

the answer is Pneumonia

A farmer needs a CDL license to drive a tractor to his fields if he must use a highway or interstate.
A. True
B. False

Answers

False, if a farmer travels beyond the 150 air-mile radius and into another state, he's then required to obtain a CDL

How do i answer this question “Why are you interested in Race,Policy and Law?” Can someone pls give me a good answer to that, thanks

Answers

Answer: The race, policy and law can be related with each other.

Explanation:

The race is important for the identification of a person belonging to a particular ethnic group and tribe. The particular ethnic group or tribe people are involved in particular kind of crime. The members of such ethnic groups can be recognize by the physical forms like skin color, hair form and color, face form, skull shape, clothing and other features. In their own community their are policies to deal with criminals. But state policies and law are also applicable on such criminals for punishment.

this is for ❗️DRIVERS EDUCATION ❗️

Answers

i think its c sorry if its wrong

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