All of the following are the reasons why Gross National Income does not equal Gross Domestic Product in an open economy EXCEPT:
A) the capital and labor used to produce the goods in the domestic country do not need to be owned by domestic residents.
B) the country may receive transfer payments from abroad or may give transfer payments to other countries.
C) the country may receive unilateral transfers (gifts and grants) from abroad or may give unilateral transfers to other countries.
D) the capital and labor owned by the country can be located and used to produce goods in different countries.
Answer: B
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