GNP Equals GDP

question 60

Multiple Choice

GNP equals GDP

• A) minus net receipts of factor income from the rest of the world.
• B) plus receipts of factor income from the rest of the world.
• C) minus receipts of factor income from the rest of the world.
• D) plus net receipts of factor income from the rest of the world.
• E) minus depreciation.

---

Definitions:

Empire Governed by Force

Refers to an empire maintained and expanded through the use of military might, rather than through peaceful means or mutual agreement.

Anti-Federalists

Opponents of the Constitution who saw it as a limitation on individual and states’ rights; their demands led to the addition of a Bill of Rights to the document.

German Servants

Individuals of German origin who worked as indentured servants, often in the Americas, agreeing to a fixed term of unpaid labor in exchange for passage to the New World, food, accommodation, and eventual freedom.

Frontier Settlers

Individuals or families who moved to the edge of settled territories to establish a new life, often facing harsh conditions and conflicts with indigenous people.