Which of these does not include income earned by individuals or corporations outside a country ?
Correct answer: B. Gross Domestic Product
- A. Gross National Product
- B. Gross Domestic Product
- C. Purchasing Power Parity
- D. Gross National Income
Explanation
GDP measures production within a country’s borders, regardless of who owns the producing business, so it excludes income earned abroad. GNP and GNI include residents’ or nationals’ income from outside the country.
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