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Author Question: Which of the following is a component of the incomes approach to GDP? A) consumption expenditure ... (Read 70 times)

stephzh

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on: Jun 29, 2018
Which of the following is a component of the incomes approach to GDP?
 
  A) consumption expenditure
  B) wages and salaries
  C) investment
  D) government expenditure on goods and services

Question 2

If households' disposable income decreases, then
 
  A) households' saving will decrease.
  B) households' saving will increase.
  C) investment will increase.
  D) Both B and C are correct.


jaaaaaaa

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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