Suppose that in Croy, residents never supply factors of production to foreign firms, while producers in Croy regularly employ factors owned by residents of other countries.Which of the following statements is true for Croy?
A) GDP is greater than GNP.
B) GDP is less than GNP.
C) GDP and GNP are about the same.
D) GDP exceeds GNP by an amount equal to depreciation plus indirect business taxes.
Correct Answer:
Verified
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