Multiple Choice
The main difference between GDP and GNP is that GNP excludes:
A) net income of foreigners.
B) consumption of fixed capital.
C) transfer payments.
D) government purchases.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: When you buy a pickup truck to
Q31: GDP is:<br>A)the total value of all consumer
Q32: In 2011, U.S. GDP totaled approximately:<br>A)$2.1 trillion<br>B)$2.8
Q33: Fixed investment includes all of the following
Q34: Which of the following is included in
Q36: Differentiate between personal income and disposable personal
Q37: GDP that has been adjusted for changes
Q38: Which of the following are not included
Q39: Which category of consumption spending tends to
Q40: Which of the following is not a