Social Sciences, asked by sabarinathan58, 1 year ago

what is GNP and explain

Answers

Answered by rashidubey2468
2
Gross national product (GNP) is an estimate of total value of all the final products and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located abroad), minus income of non-residents located in that country.


GNP doesn't count any income earned in the United States by foreign residents or businesses. It also excludes products manufactured in the United States by overseas firms.

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Answered by aakarsh38
2
GNP is Gross National Product.
It is the total value of all the goods ans services produced by a country in one year including the total amount of money that comes from foreign countries .
GNP= GDP+ net foreign income
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