The current account balance,which is the difference between a country's exports and imports,is a component of the country's GNP.Other components of GNP include
A)consumption and investment and government expenditure.
B)consumption and government expenditure and net exports.
C)consumption and net exports and government expenditure.
D)consumption less imports.

Question

Quizplus · Accepted Answer

Components of Gross National Product (GNP) include consumption, investment, government expenditure, and net exports. The current account balance, which is part of net exports, does not exclude the other components from being part of GNP.

The Current Account Balance,which Is the Difference Between a Country's