Multiple Choice
How does U.S.gross domestic product (GDP) differ from U.S.gross national product (GNP) ?
A) GNP = GDP - losses from depreciation
B) GNP = GDP + income earned by U.S.citizens abroad - income that foreign citizens earned in the U.S.
C) GNP = GDP + income earned by corporations
D) GNP = GDP - depreciation - retained earnings
Correct Answer:
Verified
Correct Answer:
Verified
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