US GDP and U

question 139

Multiple Choice

U.S. GDP and U.S. GNP are related as follows:

• A)GNP = GDP + Value of exported goods − Value of imported goods.
• B)GNP = GDP − Value of exported goods + Value of imported goods.
• C)GNP = GDP + Income earned by foreigners in the U.S.− Income earned by U.S.citizens abroad.
• D)GNP = GDP − Income earned by foreigners in the U.S.+ Income earned by U.S.citizens abroad.

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Definitions:

Psychologically Hardwired

Refers to the innate or inherent traits, responses, or predispositions in humans, often determined by genetics or early life experiences.

Negative Events

Unfavorable or detrimental occurrences that can impact individuals or groups emotionally, physically, or materially.

Positive Ones

Refers to situations, experiences, or aspects that have a beneficial impact on an individual's life or well-being.

Feeling of Superiority

An attitude or belief that one is more valuable or important than others, often leading to dismissive or condescending behavior.