Nyu_int_macro_recit_1_problem_set_abel_c2_econ_accounting_with_answer_key

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Intermediate MacroNYU Econ UA-12Recitation I – Economic AccountingAnswer Key1. Briefly review the concepts of GDP versus GNP. What is the “official” reason the USswitched from GNP to GDP. Is there a more cynical reason why the US would use GDPrather than GNP today?

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