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The following table provides data for the small country of Nabou.ComponentExpenditure (in ...

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The following table provides data for the small country of Nabou.ComponentExpenditure (in ...

The following table provides data for the small country of Nabou.

Component	Expenditure (in thousands)
Social Security payments	$200
Depreciation	$ 41
Private investment	$580
Exports	$220
Imports	$260
Salaries earned by foreigners working in Nabou	$150
Household consumption	$840
Purchases of raw materials	$230
Government purchases	$800
Capital income	$270
Salaries earned by Nabou residents working abroad	$310

Refer to the above table. How much do GNP and GDP differ for Nabou?

▸ GNP is larger by $460.

▸ GDP is larger by $150.

▸ GNP is larger by $160.

▸ GDP is larger by $310.

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

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