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Gross National Income Is Defined as

Question 43

Multiple Choice

Gross national income is defined as


A) the value of final goods and services produced within Canada.
B) the value of final goods and services produced outside of Canada.
C) the value of payments received by Canadians for their factors of production even if the production takes place outside of Canada.
D) the value of final goods and services produced within Canada, by Canadian residents.
E) the value of intermediate goods and services produced within Canada.

Correct Answer:

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