The term capital consumption allowance is defined as:
a. the amount of net interest in an economy each year.
b. the estimated value of depreciation and obsolescence in investment goods.
c. the difference between exports and imports.
d. the disposition of disposable personal income.
e. the difference between earnings not received and receipts not earned.
Question 2
Which of the following is included in GDP computation according to the income method?
a. Consumption
b. Profits
c. Investment
d. Government spending
e. Imports
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