What Is the Factor Income Approach?

Title:
What Is the Factor Income Approach?
Description:

The factor income approach, or simply income approach, measures gross domestic product (GDP) by adding up employee compensation, rent, interest, and profit.

-----------------------------------------------------------------------------------------

Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8

Dictionary of Economics Course: http://bit.ly/2u2BF55

Additional practice questions: http://bit.ly/2GcaycJ

Ask a question about the video: http://bit.ly/2u4blr5

Help translate this video: http://bit.ly/2FQ1ISk

more » « less
Video Language:
English
Team:
Marginal Revolution University
Project:
Dictionary of Economics
Duration:
02:41
http://www.youtube.com/watch?v=W7lJLkNhVr8
Format: Youtube
Primary
Original
Synced
Added   by Marilia_PM
Format: Youtube
Primary
Original
Synced
This video is part of the Marginal Revolution University team.

Assignments

Pending (52)