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Ao9 Ao9
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8 years ago
Suppose that the BMW plant in Spartanburg, SC, produces $10 million worth of vehicles in a given year. Of this total amount, $1 million in profits are returned to the owners of the company in Germany. The $1 million in profits
A) contributes to neither U.S. GDP, nor U.S. GNP.
B) contributes to both U.S. GDP and U.S. GNP.
C) contributes to U.S. GNP, but not U.S. GDP.
D) contributes to U.S. GDP, but not U.S. GNP.
Textbook 
Macroeconomics

Macroeconomics


Edition: 5th
Author:
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GordisGordis
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Ao9 Author
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8 years ago
Expert Upwards Arrow Smiling Face with Open Mouth
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8 years ago
Please mark it solved once you get a chance.
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