AP Macroeconomics Question 107: Answer and Explanation
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6. National income measures
- A. household income in the nation.
- B. income earned by the factors of production.
- C. GDP minus depreciation and indirect business taxes.
- D. the income earned by households and profits earned by firms after adjusting for depreciation and indirect business taxes.
- E. (B), (C), and (D).
Correct Answer: E