What Is the Factor Income Approach?
- Title:
- What Is the Factor Income Approach?
- Description:
-
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The factor income approach, or simply income approach, measures gross domestic product (GDP) by adding up employee compensation, rent, interest, and profit.
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- Video Language:
- English
- Team:
- Marginal Revolution University
- Project:
- Dictionary of Economics
- Duration:
- 02:41