Vikram, an Indian national working for the Microsoft Corporation, sends a monthly gift of $300 to his parents who live in Bangalore, India.This activity
A) increases India's GNP and decreases U.S.GNP.
B) decreases U.S.GNP but does not affect U.S.GDP.
C) increases U.S.GNP and India's GNP.
D) does not affect the GDP and GNP of either country.
Correct Answer:
Verified
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