The most basic difference between gross national product and gross domestic product is that gross national product:
A) includes income earned abroad
B) is based solely in monetary units
C) includes non-wage income
D) includes corporate earnings
E) None of these adequately describes the difference between them.

Question

Quizplus · Accepted Answer

Gross national product includes income earned abroad by a country's citizens and businesses, while gross domestic product only measures the value of goods and services produced within a country's borders.

The Most Basic Difference Between Gross National Product and Gross