Multiple Choice
Which of the following statements about gross domestic product and gross national product is true?
A) Gross domestic product includes income payments to foreigners for their work domestically; gross national product does not.
B) Gross domestic product includes the income earned abroad by domestic citizens; gross national product does not.
C) Gross domestic product includes exports; gross national product does not.
D) GDP and GNP are equal.
Correct Answer:
Verified
Correct Answer:
Verified
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