what is GNPwhat is GNP what is theG NP please help me
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Answer:
The gross national income, previously known as gross national product, is the total domestic and foreign output claimed by residents of a country, consisting of gross domestic product, plus factor incomes earned by foreign residents, minus income earned in the domestic economy by nonresidents
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Answer:
GNP = GROSS NATIONAL PRODUCT
Explanation:
gross national product (GNP) is a broad measure of a nation's total economic activity. GNP is the value of all finished goods and services produced in a country in one year by its nationals.
How to calculate GNP
GNP includes income earned by citizens and companies abroad, but does not include income earned by foreigners within the country
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