GDP differs from GNP because
A) GDP = GNP - net factor payments from abroad.
B) GNP = GDP - net factor payments from abroad.
C) GDP = GNP - capital consumption allowances.
D) GNP = GDP - capital consumption allowances.
A
Economics
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As Europe explored monetary union, evidence to date suggests that increased variability in exchange rates
A) reduces foreign trade and investment. B) increases foreign trade and investment. C) does not seem to have an impact on foreign trade and investment. D) hurts foreign investment but not trade.
Economics
In the short run, rent control causes the quantity supplied
a. and quantity demanded to fall. b. to fall and quantity demanded to rise. c. to rise and quantity demanded to fall. d. and quantity demanded to rise.
Economics