how population contribute to gross national product (GNP)
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Answered by
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is presently known as . GNP is the total of foreign and domestic income earned by the residents of the country and Gross Domestic Product (GDP).
The population contributes directly in GNP because as much residents would be there, their income would be added in GNP and GNP would increase.
Residents earning income in abroad would be a plus factor income in GNP and on the other hands, non - residents earning income in domestic economy would be a minus factor income in GNP.
So all it depends on the earnings of population. If population increases and earns more income then GNP would be increased immediately.
The population contributes directly in GNP because as much residents would be there, their income would be added in GNP and GNP would increase.
Residents earning income in abroad would be a plus factor income in GNP and on the other hands, non - residents earning income in domestic economy would be a minus factor income in GNP.
So all it depends on the earnings of population. If population increases and earns more income then GNP would be increased immediately.
Answered by
47
Answer :-
Gross National Product is the total economic output of a country's citizens and companies, no matter where they are located.
The Population contributes directly in Gross National Product because as much residents would be there, their income would be added in GNP and GNP would increase.
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