Multiple Choice
Vikram, an Indian national working for Microsoft in New York, sends $300 every month to his elderly parents who live in Bangalore, India. This activity will:
A) increase India's GNP and decrease U.S. GNP.
B) decrease U.S. GNP but does not affect U.S. GDP.
C) increase U.S. GNP and India's GNP.
D) not affect the GDP or GNP of either country.
Correct Answer:
Verified
Correct Answer:
Verified
Q25: Which of the following is an advantage
Q26: Goods and services produced and but not
Q27: Which of the following is included in
Q28: The cost of producing goods and services
Q29: GDP is the total market value of
Q31: In the generation of GDP, pollution often
Q32: Double counting occurs when both intermediate and
Q33: The largest expenditure category in U.S. GDP
Q34: Use the following to answer questions .<br>Exhibit:
Q35: Suppose the clothing manufacturer, Eddie Bauer, produced