Social Sciences, asked by dipakshrestha2077, 7 months ago

How is GDP different than of GNP? Explain with examples.

Answers

Answered by varshiniHY
2

Explanation:

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.

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