Which of the following is NOT part of the income used in the income approach to measuring GDP? A) ...

Author Question: Which of the following is NOT part of the income used in the income approach to measuring GDP? A) ... (Read 178 times)

dakota nelson

Hero Member
Posts: 604

on: Jun 29, 2018

Which of the following is NOT part of the income used in the income approach to measuring GDP?

A) wages
B) rent
C) interest
D) taxes paid by persons
E) profit

Question 2

Refer to the scenario above. If each bidder uses his/her dominant strategy, who will get the good being auctioned?

A) Tom
B) Pat
C) Arthur
D) Julie

LVPMS

Sr. Member
Posts: 323

Reply #1 on: Jun 29, 2018

Answer to Question 1

D

Answer to Question 2

C

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dakota nelson

Hero Member
Posts: 604

Reply #2 on: Jun 29, 2018

Thank you

LVPMS

Sr. Member
Posts: 323

Reply #3 on: Jun 29, 2018

Happy to help you

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