This topic contains a solution. Click here to go to the answer

Author Question: The output produced by domestically owned firms in foreign countries is included in the U.S. GDP but ... (Read 103 times)

ereecah

  • Hero Member
  • *****
  • Posts: 530
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

skipfourms123

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

False

Answer to Question 2

False





 

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library