Subtraction of ________ from Gross National Product yields Gross Domestic Product.
A)net factor income
B)depreciation
C)factor income to the rest of the world
D)net government income
E)none of the above

Question

Quizplus · Accepted Answer

Net factor income from abroad (NFIA) is subtracted from Gross National Product (GNP) to get Gross Domestic Product (GDP). NFIA includes income earned by residents from overseas investments minus income earned by foreigners from domestic investments.

Subtraction of ________ from Gross National Product Yields Gross Domestic