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Author Question: The output produced by domestically owned firms in foreign countries is included in the U.S. GDP but ... (Read 106 times)

ereecah

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on: Jun 30, 2018
The output produced by domestically owned firms in foreign countries is included in the U.S. GDP but not in the U.S. GNP.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Gross national product in terms of the income method is equal to national income plus indirect business taxes minus the capital consumption allowance.
 a. True
  b. False
  Indicate whether the statement is true or false


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skipfourms123

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

False

Answer to Question 2

False


ereecah

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Reply #2 on: Jun 30, 2018
Thank you :)


skipfourms123

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Reply #3 on: Jun 30, 2018
Happy to help you


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