Greg,a U.S.citizen,works only in Canada.The value that his labor contributes to U.S.output is
A)included in both U.S.GDP and U.S.GNP.
B)included in U.S.GDP,but it is not included in U.S.GNP.
C)included in U.S.GNP,but it is not included in U.S.GDP.
D)included in neither U.S.GDP nor U.S.GNP.

Question

Quizplus · Accepted Answer

Greg's labor contributes to U.S. GNP because it accounts for the income of U.S. citizens regardless of where they work, but it is not included in U.S. GDP as it measures the value of goods and services produced within the U.S. borders.

Greg,a USCitizen,works Only in Canada