AP Macroeconomics Question 107: Answer and Explanation

Test Information

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Question: 107

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

Explanation:

(E)