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5. Which of the following c ontribute to U.S. GDP? which contribute to US GNP? Which contributes to both? (a) (a) An American worker is hired to work in a Detroit car factory. (b) (b) An American wor ker is hired to work in a Japanese car factory (c) (c) A Japanese worker is hired to work in a Detroit car factory

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Answer #1

5.

5.

A.

It will be added to both GDP and GNP.

Since, GNP = GDP + net factor income from abroad

So, any income as the part of GDP, is going to be the part of GNP.

B.

It will be added to GNP.

Because, it will help bring factor income from abroad.

C. It will affect GNP

As Japanese's Factor income will be sent to abroad.

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