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Author Question: GNP and GDP: a. Are quite different because GDP measures a nation's income, and GNP measures a ... (Read 92 times)

Capo

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on: Jun 30, 2018
GNP and GDP:
 a. Are quite different because GDP measures a nation's income, and GNP measures a nation's output.
  b. Both measure a nation's income and output.
  c. Are quite different, because GNP measures a nation's income and GDP measures a nation's output.
  d. Are both stock measures of a nation's output.
  e. Are both stock measures of a nation's income.

Question 2

Assuming GDP remains constant, which of the following will increase Country A's balance on goods and services?
 a. Reduced saving.
  b. Decreased taxes.
  c. Increased investment
  d. Reduced government spending.
  e. None of the above.


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tanna.moeller

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Reply #1 on: Jun 30, 2018
Answer to Question 1

.B

Answer to Question 2

.D


Capo

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

cam1229

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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