The Value of GDP Differs from the Value of GNP

question 89

Multiple Choice

The value of GDP differs from the value of GNP because:

• A) net exports are excluded from GDP but included in GNP.
• B) production in a country usually employs factors of production owned by residents of other countries.
• C) production in a country employs only factors of production owned by its residents.
• D) government purchases are excluded from GDP but included in GNP.

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