"Net foreign factor income" in the national income accounts refers to the difference between:
A) The income Americans gain from supplying resources abroad and the income that foreigners earn by supplying resources in the U.S.
B) The value of products sold by Americans to other nations and the value of products bought by Americans from other nations
C) The value of investments that Americans made abroad and the value of investments made by foreigners in the U.S.
D) The income earned by Americans in the U.S. minus the income earned by foreigners in the U.S.

Question

Quizplus · Accepted Answer

"Net foreign factor income" refers to the income earned by Americans from supplying resources abroad minus the income earned by foreigners by supplying resources in the U.S. This is also known as net foreign factor income from abroad.

"Net Foreign Factor Income" in the National Income Accounts Refers