Darla,a Canadian Citizen,works Only in the United States

question 75

Multiple Choice

Darla,a Canadian citizen,works only in the United States.The value of the output she produces is

• A) included in both U.S.GDP and U.S.GNP.
• B) included in U.S.GDP,but it is not included in U.S.GNP.
• C) included in U.S.GNP,but it is not included in U.S.GDP.
• D) included in neither U.S.GDP nor U.S.GNP.

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Definitions:

Contribution Margin

The difference between sales revenue and variable costs, indicating how much revenue contributes to fixed costs and profit.

Sales Volume

The quantity of products or services sold by a business within a specific period.

Contribution Margin

The difference between sales revenue and variable costs, representing the portion of sales revenue that contributes to covering fixed costs and generating profit.

Sales Volume

The quantity of products or services sold within a specific period, critical for revenue and profitability analysis.