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

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 roadB. SteelC. BreadD. A TV set4. Which of the following would increase GDP?A. More importsB. Additional leisure timeC. Government removing more litterD. People engaging in more do-it-yourself projects