Explain the income approach

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Reference no: EM131581990

Question: In which line (or lines) of Table (the income approach) would the value of each of the following be counted? If it is part of "net income flows from the rest of the world," explain whether it reflects domestic (or foreign) production and whether it reflects domestic (or foreign) income. "Not counted in any category" is also an option.

a. Wages paid by your local supermarket to its employees

b. Profits received by a U.S. electronics firm from its factory in Mexico

c. Business spending to replace worn-out equipment

d. Wages paid by a U.S. electronics firm to the employees of its factory in Mexico

e. Profits received by a Japanese automaker from its factory in the United States

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Reference no: EM131581990

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