Vikram, an Indian national working for Microsoft in New York, sends $300 every month to his elderly parents who live in Bangalore, India. This activity will:
A) increase India's GNP and decrease U.S. GNP.
B) decrease U.S. GNP but does not affect U.S. GDP.
C) increase U.S. GNP and India's GNP.
D) not affect the GDP or GNP of either country.
Correct Answer:
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