Question

mention difference between gross national product & gross national income

Answer 1

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.

Explanation:

Answer 2

Answer:

GNI is the total income received by the country from its residents and businesses regardless of whether they are located in the country or abroad. GNI (Gross National Income) = (similar to GNP) includes the value of all goods and services produced by nationals – whether in the country or not.

while

GNP (Gross National Product) = GDP + net property income from abroad. This net income from abroad includes dividends, interest and profit .GNP includes the income of all of a country's residents and businesses whether it flows back to the country or is spent abroadwhile gross national product  

Explanation: