GNP equals GDP

A) minus net receipts of factor income from the rest of the world.
B) plus receipts of factor income from the rest of the world.
C) minus receipts of factor income from the rest of the world.
D) plus net receipts of factor income from the rest of the world.
E) minus depreciation.

D

Economics

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The largest value the Herfindahl index can have is

a. 100, which would indicate a monopoly b. 100 for firms equal in size c. 100,000 d. 10,000 . which would indicate a pure monopoly e. infinity

Economics

A lump-sum tax, such as a $1000 tax that every family must pay one time, is

A) negatively related to real GDP. B) an autonomous tax. C) a regressive tax. D) a type of income tax.

Economics