Which of the following is treated differently in computations of GNP as compared with GDP?
A) Sales in the underground economy.
B) Goods produced by U.S.firms located in foreign countries.
C) Intermediate goods.
D) The value of services performed by housewives.
Correct Answer:
Verified
Q3: National income accounts assist
A)Market investors in making
Q4: If a nation has GDP of $12,500
Q5: Suppose iPhones cost consumers $200 and USB
Q6: The GDP per capita is the most
Q7: GDP per capita
A)Is equal to a nation's
Q8: Which of the following statements is correct
Q9: Suppose you volunteer to help clean up
Q10: If GDP per capita was $500 in
Q11: A nation's GDP is
A)C + I +
Q20: Which of the following would be included
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