Science, asked by nandankocheth, 4 months ago

Define GNP GDP and NNP

Answers

Answered by chanshi27

1

Answer:

The normal formula is GNP = GDP + Income from Abroad. But it becomes GNP = GDP + (– Income from Abroad), i.e., GDP – Income from Abroad, in the case of India. This means that India's GNP is always lower than its GDP. NNP. Net National Product (NNP) of an economy is the GNP after deducting the loss due to 'depreciation' ...

Answered by rohanmahatorohan4892

1

Answer:

GNP Gross national product

GDP Gross domestic product

NNP Net national product

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