In an open economy, the GNP is measured as
ECONOMICS
JAMB 2004
In an open economy, the GNP is measured as
- A. C+I+G+X
- B. C+I+G+(X-M)
- C. C+I+G+M
- D. C+I+G
Correct Answer: B. C+I+G+(X-M)
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *