For most macroeconomists
A) gross national income exceeds gross national product.
B) it is hard to tell whether gross national income equals gross national product.
C) gross national product exceeds gross national income.
D) gross national product is much more important than gross national income.
E) gross national income and gross national product are the same.
Correct Answer:
Verified
Q8: GDP is different than GNP in that
A)
Q9: The largest component of GNP is
A) the
Q10: In 2015, the United States had
A) a
Q11: Movements in GDP
A) differ greatly from movements
Q12: Which one of the following statements is
Q14: Which one of the following statements is
Q15: An example of how GNP accounts for
Q16: National income equals GNP
A) less depreciation, less
Q17: A country's gross national product (GNP) is
A)
Q18: In open economies
A) saving and investment are
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