Multiple Questions Answers

1. The smallest component of national income is:
A. rent. 
B. interest. 
C. profits. 
D. salaries and wages. 

2. Our GDP includes all the output produced by Americans:
A. and foreigners within our borders. 
B. within our borders. 
C. within our borders and abroad. 
D. within our borders and by American-owned, multinational companies with offices and factories abroad. 

3. Which of the following is the best example of an intermediate product?
A. A road 
B. Steel 
C. Bread 
D. A TV set 

4. Which of the following would increase GDP?
A. More imports 
B. Additional leisure time 
C. Government removing more litter 
D. People engaging in more "do-it-yourself" projects