The largest component of national income in developing co...
The largest component of national income in developing countries consist of
Profits
Profit and ren
Rent
Wages and salaries
Correct answer is D
The largest component of national income is: compensation of employees. (wages and salaries). National income measures: the market value or cost of the resources used in the production of the national output.
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The shape of the production possibility frontier is determined by the_________ ...
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