Multiple Choice
Which of the following statements is true?
A) GDP and GNP are always the same because the net factor payments from abroad is always zero.
B) GDP is always greater than GNP because the net factor payments from abroad is always negative.
C) GNP is always greater than GDP because the net factor payments from abroad is always positive.
D) GDP may be greater,equal,or smaller than GNP because the net factor payments from abroad may be negative,zero,or positive.
Correct Answer:

Verified
Correct Answer:
Verified
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