The output produced by domestically owned firms in foreign countries is included in the U.S. GDP but not in the U.S. GNP
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Cap Hit
What will be an ideal response?
Economics
Refer to the graphs shown. The curve that best illustrates the law of supply is:
A. I. B. II. C. III. D. IV.
Economics
In the short run, the following could cause a recessionary gap
What will be an ideal response?
Economics
Positive incentives do not: a. increase benefits
b. result in an increased level of the related activity. c. reduce costs. d. discourage consumption.
Economics