Differentiate between GDP and GNI in any three points.
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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 (Gross National Product) = GDP + net property income from abroad. This net income from abroad includes dividends, interest and profit.
GNI (Gross National Income) = (similar to GNP) includes the value of all goods and services produced by nationals – whether in the country or not.
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