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Question : 91.U.S.GNP a.includesproductionofforeignersworkingintheU.S.andproductionofU.S.citizensworkinginforeigncountries. b.includesproductionofforeignersworkingintheU.S.butexcludesproductionofU.S. : 1261635

Economics

 

91.U.S.GNP

a.includesproductionofforeignersworkingintheU.S.andproductionofU.S.citizensworkinginforeigncountries.

b.includesproductionofforeignersworkingintheU.S.butexcludesproductionofU.S.citizensworkinginforeigncountries.

c.excludesproductionofforeignersworkingintheU.S.butincludesproductionbyU.S.citizensworkinginforeigncountries.

d.excludesproductionofforeignersworkingintheU.S.andproductionbyU.S.citizensworkinginforeigncountries.

92.HowdoesU.S.grossdomesticproduct(GDP)differfromU.S.grossnationalproduct(GNP)?

a.GNP=GDP-lossesfromdepreciation

b.GNP=GDP+incomeearnedbyU.S.citizensabroad-incomethatforeigncitizensearnedintheU.S.

c.GNP=GDP+transferpaymentstohouseholds+-indirectsalestaxes

d.GNP=GDP-depreciation-retainedearnings

93.IfforeigncitizensearnlessincomeintheU.S.thanU.S.citizensearninforeigncountries,

a.U.S.netfactorpaymentsfromabroadarepositive,anditsGDPislargerthanitsGNP.

b.U.S.netfactorpaymentsfromabroadarepositive,anditsGNPislargerthanitsGDP.

c.U.S.netfactorpaymentsfromabroadarenegative,anditsGDPislargerthanitsGNP.

d.U.S.netfactorpaymentsfromabroadarenegative,anditsGNPislargerthanitsGDP.

94.TheresidentsofIrelandearn$200millionofincomefromabroad.Residentsofothercountriesearn$300millioninIreland.Therefore,Ireland’s

a.netfactorpaymentsfromabroadarepositive,anditsGDPislargerthanitsGNP.

b.netfactorpaymentsfromabroadarepositive,anditsGNPislargerthanitsGDP.

c.netfactorpaymentsfromabroadarenegative,anditsGDPislargerthanitsGNP.

d.netfactorpaymentsfromabroadarenegative,anditsGNPislargerthanitsGDP.

95.TheresidentsofcountryAearn$500millionofincomefromabroad.Residentsofothercountriesearn$200millionincountryA.TheseearningsareaccountedforincountryA’s

a.GNPwhichislargerthanGDPincountryA.

b.GNPwhichissmallerthanGDPincountryA.

c.GDPwhichislargerthanGNPincountryA.

d.GDPwhichissmallerthanGNPincountryA.

96.Jackie,aCanadiancitizen,worksonlyintheUnitedStates.Thevalueoftheoutputsheproducesis

a.includedinbothU.S.GDPandU.S.GNP.

b.includedinU.S.GDP,butitisnotincludedinU.S.GNP.

c.includedinU.S.GNP,butitisnotincludedinU.S.GDP.

d.includedinneitherU.S.GDPnorU.S.GNP.

97.Thomas,aU.S.citizen,worksonlyinCanada.Thevalueoftheoutputheproducesis

a.includedinbothU.S.GDPandU.S.GNP.

b.includedinU.S.GDP,butitisnotincludedinU.S.GNP.

c.includedinU.S.GNP,butitisnotincludedinU.S.GDP.

d.includedinneitherU.S.GDPnorU.S.GNP.

98.AMexicanoilfieldservicecompanyworksonoilrigsintheU.S.Thevalueofthecompany’sservicesproducedbyMexicancitizensandtheequipmenttheyownisincludedin

a.MexicanGNPandU.S.GNP.

b.MexicanGDPandU.S.GNP.

c.MexicanGNPandU.S.GDP.

d.MexicanGDPandU.S.GDP.

99.Gina,aU.S.citizen,worksonlyinBermuda.ThevalueofGina’sproductionisincludedin

a.U.S.GDPandBermudanGDP.

b.U.S.GDPandBermudanGNP.

c.U.S.GNPandBermudanGDP.

d.U.S.GNPandBermudanGNP.

100.U.S.GDP

a.includesproductionofforeignersworkingintheU.S.andproductionbyU.S.residentsworkinginforeigncountries.

b.includesproductionofforeignersworkingintheU.S.butexcludesproductionbyU.S.residentsworkinginforeigncountries.

c.excludesproductionofforeignersworkingintheU.S.butincludesproductionbyU.S.residentsworkinginforeigncountries.

d.excludesproductionofforeignersworkingintheU.S.andproductionbyU.S.residentsworkinginforeigncountries.

 

 

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