Take the following as truth: GDP is the output of goods and services produced by labor and property located in the United States, while GNP is the output of goods and services produced by labor and property supplied by U.S. residents, regardless of where they are located.
Then the following statement: "The differences between GDP and GNP are usually negligible from a macro-economic perspective." is true, false, or inconclusive?
Answer: Inconclusive