Question

2. What would you add in GDP so that you obtain GNP?
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Answer 1

Answer:

In calculation, GNP adds government expenditure, personal consumption expenditure, private domestic investments, net exports, and income earned by nationals overseas, and eliminates the income of foreign residents within the domestic economy.

Answer 2

Answer:

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Explanation:

In calculation, GNP adds government expenditure, personal consumption expenditure, private domestic investments, net exports, and income earned by nationals overseas, and eliminates the income of foreign residents within the domestic economy.

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