For a Given Level of GDP, an Increase in Net

question 148

Multiple Choice

For a given level of GDP, an increase in net factor earnings from abroad will:

• A) increase gross national product.
• B) reduce gross national product.
• C) not affect disposable personal income.
• D) increase a nation's trade surplus.

---

Definitions:

Applications

The submission of materials or documents required to apply for a job, program, or service.

Concurrent Validation

A method of assessing the reliability of a test by comparing its results with those of an established measure or outcome at the same time.

Widget Designers

Professionals who specialize in creating small applications or program tools that can be embedded in websites or software interfaces to perform specific functions.