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:

Verified
Correct Answer:
Verified
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