Which of the following are treated differently in computations of the GNP as compared with the GDP?
A. Sales in the underground economy.
B. Goods produced by U.S. firms located in foreign countries.
C. Intermediate goods.
D. The value of service performed by housewives.
Answer:B
Which of the following are treated differently in computations of the GNP as compared with the GDP?
A. Sales in the underground economy. B. Goods produced by U.S. firms located in foreign countries. C. Intermediate goods. D. The value of service performed by housewives.