If a family of Indian citizens living in the U.S. earns $80,000 and sends $20,000 home to their parents, the impact of that family on India's gross national product (GNP) is closest to: $0 $20,000 $80,000

GNP is the earnings of all nationals of a country. As citizens, this family would be considered nationals, so their earnings of $80,000 would be included in GNP.

Question Of The Week - Economics (4) - CFA Level 1

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- AdaptPrep
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  02 Jun 2018 at 7:20 pm
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  GNP is the earnings of all
  nationals of a country. As citizens, this family would be considered nationals,
  so their earnings of $80,000 would
  be included in GNP.
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