i. While calculating GNP, income generated by foreigners in a country is taken into consideration
ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account - This Economy quiz is provided by Gkseries.">

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Question

Consider the following statements and identify the right ones.
i. While calculating GNP, income generated by foreigners in a country is taken into consideration
ii. While calculating GNP, income generated by nationals of a country outside the country is taken into account

[A] I only

[B] ii only

[C] both

[D] none

Answer & Explanation
Answer: ii only

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