distinguishe between GNP and NNP
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Heya...
GNP...refers to gross national product....
means it is the sum total of factor income earned by normal or non residents of India within a domestic territory....
NNP....refers to Net National Product...
means it is the sum total of factor income earned by normal residents of a country within or without domestic territory...
GNP...refers to gross national product....
means it is the sum total of factor income earned by normal or non residents of India within a domestic territory....
NNP....refers to Net National Product...
means it is the sum total of factor income earned by normal residents of a country within or without domestic territory...
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