GDP calculation? a GDP includes earnings of both the citizens and non-citizens but are residing inside the country. p. Incomes made by a citizen outside of his country will be included in the calculation of GDP = Expenditures of citizens and non-citizens made inside the country is included in GDP calculation d. Incomes made by expatriates are included in the calculation of GDP
GDP calculation? a GDP includes earnings of both the citizens and non-citizens but are residing inside the country. p. Incomes made by a citizen outside of his country will be included in the calculation of GDP = Expenditures of citizens and non-citizens made inside the country is included in GDP calculation d. Incomes made by expatriates are included in the calculation of GDP
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 1P
Related questions
Question
![Which of these statements is not true when we discuss GDP calculation?
O a. GDP includes earnings of both the citizens and non-citizens but are residing inside the country.
O b. Incomes made by a citizen outside of his country will be included in the calculation of GDP
c Expenditures of citizens and non-citizens made inside the country is included in GDP calculation
d. Incomes made by expatriates are included in the calculation of GDP](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1c703810-8f87-4075-a6f2-185433b8a62a%2Fbb4fe66b-ffba-496b-9439-328d136a5bb1%2Fqov5knk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Which of these statements is not true when we discuss GDP calculation?
O a. GDP includes earnings of both the citizens and non-citizens but are residing inside the country.
O b. Incomes made by a citizen outside of his country will be included in the calculation of GDP
c Expenditures of citizens and non-citizens made inside the country is included in GDP calculation
d. Incomes made by expatriates are included in the calculation of GDP
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
![Exploring Economics](https://www.bartleby.com/isbn_cover_images/9781544336329/9781544336329_smallCoverImage.jpg)
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
![Exploring Economics](https://www.bartleby.com/isbn_cover_images/9781544336329/9781544336329_smallCoverImage.jpg)
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc