4. A country in which a large majority of the population resides and works outside the country is most likely a country in which...? a. the relationship between GDP and GNP cannot be determined b. GDP is roughly equal to GNP. c. GDP is much larger than GNP. d. GNP is much larger than GDP.
4. A country in which a large majority of the population resides and works outside the country is most likely a country in which...? a. the relationship between GDP and GNP cannot be determined b. GDP is roughly equal to GNP. c. GDP is much larger than GNP. d. GNP is much larger than GDP.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
4. A country in which a large majority of the population resides and works outside the country is most likely a country in which...?
a. the relationship between GDP and GNP cannot be determined
b. GDP is roughly equal to GNP.
c. GDP is much larger than GNP.
d. GNP is much larger than GDP.
5. As the workforce ages,
a. structural and frictional unemployment increase.
b. cyclical unemployment declines.
c. cyclical unemployment increases.
d. the natural rate of unemployment declines.
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