16) Given that China has a larger GDP than GNP, you will expect that A) income earned by foreigners residing in China is larger than income earned by China citizens living abroad. B) income earned by foreigners residing in China is smaller than income earned by China citizens living abroad. C) there are more foreigners residing in China than China citizens living abroad. D) there are fewer foreigners residing in China than China citizens living abroad. E) there are more China citizens than foreigners in China.

16) Given that China has a larger GDP than GNP, you will expect that A) income earned by foreigners residing in China is larger than income earned by China citizens living abroad. B) income earned by foreigners residing in China is smaller than income earned by China citizens living abroad. C) there are more foreigners residing in China than China citizens living abroad. D) there are fewer foreigners residing in China than China citizens living abroad. E) there are more China citizens than foreigners in China.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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