U.S. GDP and U.S. GNP are related as follows:
A) GNP = GDP - Income earned by foreigners in the U.S.+ Income earned by U.S.citizens abroad.
B) GNP = GDP + Income earned by foreigners in the U.S.- Income earned by U.S.citizens abroad.
C) GNP = GDP + Value of exported goods - Value of imported goods.
D) GNP = GDP - Value of exported goods + Value of imported goods.
Correct Answer:
Verified
Q43: Gross domestic product during a period is
Q48: The GDP of a country can be
Q50: Which of the following events will leave
Q52: Which of the following transactions would be
Q54: Which of the following transactions would be
Q56: Until recently, George lived in a home
Q58: Which of the following would contribute to
Q75: GDP during a period can be calculated
Q152: U.S. exports are
A) not included in U.S.
Q156: U.S. imports are
A) not added to U.S.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents