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National Income Aggregates & GDP · Question 5 of 69

Question 5

MediumOriginal question

GDP is greater than GNP when

Options for question 5

Show the answer and explanation
CorrectNot quiteAnswer A

Correct answer: A

Explanation

  1. GNP = GDP + NFIA, so GNP is smaller only when NFIA is below zero.

Concept
Comparing GDP and GNP
Typical time
70 s
Your time
—
The rule this testsDomestic and national: NFIA
Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.

Practise this chapter →

Ten questions from National Income Aggregates & GDP, at your own pace.