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. To measure GDP by using income approach we need to include: A) Personal consumption, business...

. To measure GDP by using income approach we need to include:

A) Personal consumption, business investments, government expenditure and net export

B) Compensation of employees and net operating surplus

C) The value of goods and services at market prices

D) The value of all final goods and services produced anywhere in the world by American producers

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Answer #1

To calculate GDP by income approach we need data for compensation of employees and operating surplus

Answer-B

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