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The Difference Between GDP and GNP Is That

question 268

Multiple Choice

The difference between GDP and GNP is that:


Definitions:

Cash Cycle

The period between the outlay of cash for goods/services and the return of cash through customer payments, reflecting the liquidity and efficiency of a company.

Accounts Payable Period

The average time it takes for a business to pay off its suppliers after receiving inventory or services.

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