MCQOPTIONS
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| 1. |
Consider the following statements in regard to Gross National product (GNP): 1. Gross National Product refers to the money value of total output or production of final goods and services produced by the nationals of a country during a given period of time. 2. In the calculation of GNP, we include the money value of goods and services produced by nationals outside the country |
| A. | 1 only |
| B. | 2 only |
| C. | Neither 1 nor 2 |
| D. | Both 1 and 2 |
| Answer» E. | |