The best measure of total income received by Canadian citizens is

Question

Quizplus · Accepted Answer

GNP (Gross National Product) measures the total income received by Canadian citizens, regardless of where they are located. It includes income earned from both domestic and foreign sources. Other options such as disposable personal income, real GDP, and net domestic income at factor cost, only measure income received from domestic sources. Nominal GDP only measures the total value of goods and services produced within a country's borders, but not necessarily the income earned by its citizens.

The Best Measure of Total Income Received by Canadian Citizens