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Business, 18.02.2020 20:19 chartrow7

Suppose that the BMW plant in Spartanburg, South Carolina, USA, produces $10 million worth of vehicles in a given year. Of this total amount, $1 million in profits are returned to the owners of the company in Germany. The $1 million in profits .a. contributes to U. S. GNP, but not U. S. GDP
b. contributes to U. S. GDP, but not U. S. GNP
c. contributes to U. S. GDP and U. S. GNP
d. contributes to neither U. S. GDP, nor U. S. GNP

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Suppose that the BMW plant in Spartanburg, South Carolina, USA, produces $10 million worth of vehicl...

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