Answered step by step
Verified Expert Solution
Question
1 Approved Answer
-Gross domestic product (GDP) and gross national product (GNP) is that GDP: A. measures the economic activity that occurs within a country while GNP measures
-Gross domestic product (GDP) and gross national product (GNP) is that GDP:
A. measures the economic activity that occurs within a country while GNP measures the economic activity of all the people and businesses of a country.
B. measures the economic activity of all the people and businesses of a country, while GNP measures the economic activity that occurs within a country
C. excludes exports and imports while GNP does not.
D. includes exports and imports while GNP does not.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started