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Author Question: The main difference between GNP and GDP is: a. GDP measures a nation's income, and GNP measures a ... (Read 121 times)

lindiwe

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on: Jun 30, 2018
The main difference between GNP and GDP is:
 a. GDP measures a nation's income, and GNP measures a nation's output.
  b. Largely in the minds of the public, because economically, there is no difference.
  c. GDP measures the income earned from the production of all final goods and services within a nation's borders; GNP measures the income earned by domestically-owned resources from producing final goods and services anywhere in the world.
  d. GDP measures a nation's output, and GNP measures a nation's income.

Question 2

Assuming GDP remains constant, if Country A has a deficit in its balance on goods and services, then which of the following will make it more negative?
 a. Increased investment.
  b. Increased saving.
  c. Increased taxes.
  d. Reduced government spending.
  e. None of the above.
International Economics ¦ Gerber ¦ 6th Edition
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soda0602

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lindiwe

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

JaynaD87

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Reply 3 on: Yesterday
Excellent

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