How does the calculated value of GNP compare to that of GDP for the United States in 2015?
A) GDP was 2 percent higher
B) GDP was 1 percent higher
C) GNP was 2 percent higher
D) GNP was 1 percent higher

Question

Quizplus · Accepted Answer

GNP was 1 percent higher than GDP for the United States in 2015 because GNP includes the value of goods and services produced by U.S. nationals abroad, which slightly exceeded the value of foreign production within the U.S. that year.

How Does the Calculated Value of GNP Compare to That