differentate between GDP and GNP
Answers
GNP and GDP both reflect the national output and income of an economy. The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad.
GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country.
GNP = GDP + net property income from abroad. This net income from abroad includes dividends, interest and profit.
Here is your answer.
GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country.
GNP and GDP both reflect the national output and income of an economy. The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad.
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B brainly.