CIMA Fundamentals of Business Economics BA1 Question # 31 Topic 4 Discussion

CIMA Fundamentals of Business Economics BA1 Question # 31 Topic 4 Discussion

BA1 Exam Topic 4 Question 31 Discussion:
Question #: 31
Topic #: 4

A country's gross national product (GNP) will be higher than gross domestic product (GDP) if:


A.

indirect taxes are greater than government subsidies


B.

there is a net inflow of factor payments on the balance of payments


C.

the country's imports are greater than its exports


D.

government tax income is greater than government expenditure


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