Solved

US GDP and U

Question 62

Multiple Choice

U.S. GDP and U.S. GNP are related as follows:


A) GNP = GDP - Income earned by foreigners in the U.S.+ Income earned by U.S.citizens abroad.
B) GNP = GDP + Income earned by foreigners in the U.S.- Income earned by U.S.citizens abroad.
C) GNP = GDP + Value of exported goods - Value of imported goods.
D) GNP = GDP - Value of exported goods + Value of imported goods.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions