Question

how is gdp different than gnp

Answer 1

Explanation:

Gross domestic product and gross national product are both metrics used to measure a country's economic output. 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.

Answer 2

Answer:

• 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.