Economy, asked by UNJAWAD, 9 months ago

for a country what is more important GDP or GNP?

Answers

Answered by balwani
1

Explanation:

GDP measures the value of goods and services produced within a country's borders, while GNP measures the value of goods and services produced by a country's citizens domestically and abroad. GDP is an important figure because it shows whether an economy is growing or contracting.

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Answered by Anonymous
1

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Gross national product (GNP)

GDP measures the value of goods and services produced within a country.

Gross national product (GNP)

GNP measures the value of goods and services produced by a country's citizens domestically and abroad.

By my point of view and being a science student of view both are important .

Refer news, books, consult teachers for accuracy.

Hopefully helped you out

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