Which of the following is not included in the income approach to calculating GDP? (A) Payments to an active duty Army personnel (B) Rental income a landowner receives from a farmer using the land. (C) Profits earned by Apple Corporation. (D) Social Security disability payments
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Step 1: The income approach to calculating GDP includes all income earned within a country's borders, such as wages, profits, rents, and interest. Show more…
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