The main difference between Gross Domestic Product (GDP) and Gross National Product (GNP is
Options:
A . Net foreign income from abroad
B . Transfer payments
C . Capital consumption allowance
D . Capital gains
Answer: Option A Answer: (a)Gross Domestic Product (GDP) is a measure of the total value of the goods and services produced in a country during one year, excluding income from investment abroad by residents of the country. It is the Gross National Product less net income from property or investment abroad.
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