what is the difference between HDP and GNP
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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 and national expenditure produce in a particular country. GNP = GDP + Net property income from abroad.
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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 and national expenditure produce in a particular country. GNP = GDP + Net property income from abroad.
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