Items (year 2020) In Millions (current prices) Rental income 43,000 Profits 2,022,754 Indirect taxes less subsidies 334,422 Household final consumption expenditure 3,209,818 Gross national income 4,588,371 Gross value added of Services 2,746,885 Gross value added of Mining and Quarrying 32,068 Gross value added of Industry 1,072,827 Gross value added of Human health and social work 79,315 activities Gross value added of Manufacturing 250,424 Gross value added of Agriculture, Fishing, and Forestry 409,571 Gross domestic income 4,229,283 Gross capital formation 684,137 Government final consumption expenditure 642,50 Export of services 420,813 Export of goods 749,936 Compensation of employees 1,206,529 Population 110Which of the following statements describe/s the relationship between the GDP and GNP? O a. An increase in the net factor income from abroad will lessen the value of the GDP. O b. The GDP and GNP have the same value. O c. An increase in the GDP will likely increase the GNP. O d. The GDP is used to measure an economy's output while the GNP measures income.A higher GNP means an economy is producing higher output. O a. True O b. False O c. Neither True nor FalseAn increase in the GDP deflator decreases the value of the real GDP. O a. True O b. False O c. Neither True nor False