Question

Select the correct answer. Which adjustment does a government make to the Gross Domestic Product (GDP) to arrive at the Gross National Income (GNI)? A. employees’ compensation received from foreign countries minus employees’ compensation paid to foreign countries B. property incomes received from foreign countries minus business payments made to foreign countries C. taxes paid to foreign countries plus subsidies received from foreign countries D. property incomes received from foreign countries plus business payments made to foreign countries

Answer 1

Answer:

B. property incomes received from foreign countries minus business payments made to foreign countries

Explanation:

GDP is the total market value of all finished goods and services produced within a country in a set time period. GNI is the total income received by the country from its residents and businesses regardless of whether they are located in the country or abroad