Multiple choice

GNP is different from GDP as GNP includes

  1. depreciation

  2. indirect taxes

  3. exports income

  4. net income from abroad

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

GDP measures the value of goods and services produced within a country's borders. GNP (Gross National Product) adds the net income earned by residents from investments or labor abroad to the GDP.