Explain clearly, don't copy from internet

1. Which of the following statements is false?

Capital income is made up of profits, rental payments, and interest payments.

Labor income is made up of wages, salaries, and fringe benefits.

For purposes of measuring GDP, only net investment is counted.

2. In terms of the decline in real GDP, the first six months of the 2020 recession was

approximately one third the size of the Great Depression's decline.

double the size of the Great Depression's decline.

the same as that of the Great Depression.

twice as large as that of the Great Depression.

None of these

Labor income is greater than half of GDP.

Net investment is the difference between gross investment and depreciation.

3. Which of the following best explains what happens when a business firm purchases a drill press manufactured in Germany?

There will be an increase in exports.

There will be an increase in import spending.

There will be an increase in investment expenditures.

There will be an increase in both investment expenditures and import spending.

There will be a decline in investment expenditures and an increase in import spending.

4. There is no correlation between the decline in certain forms of pollution over the past 40 years and the increase in real GDP per capita.

True

False