Question

calculate gnp at mp by expenditure method​

Answer 1

Explanation:

GNPMP = GDPMP + Net factor income from abroad

The basis of difference between GNPMP and GDPMP is Net Factor Income from Abroad.How to Calculate the Gross National Product?

C – Consumption Expenditure.

I – Investment.

G – Government Expenditure.

X – Net Exports (Value of imports minus value of exports)

Z – Net Income (Net income inflow from abroad minus net income outflow to foreign countries)