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    Macroeconomics Study Set 48
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    Exam 7: GDP and the CPI: Tracking the Macroeconomy
  5. Question
    A Country's GNP
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A Country's GNP

Question 20

Question 20

Multiple Choice

A country's GNP:


A) must be larger than its GDP.
B) is the total factor income earned by residents of a country.
C) includes factor income earned by foreigners.
D) excludes factor income earned abroad by Americans.

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