when GDP is equal to GNP
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Gross National Income (GNP) will be equal to Gross Domestic Product (GDP) when Net Factor Income From Abroad is zero. Gross National Disposable Income is that part of Gross National Income that is available to all the normal residents of the country for consumptions and savings.
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Explanation:
Gross National Income (GNP) will be equal to Gross Domestic Product (GDP) when Net Factor Income From Abroad is zero. Gross National Disposable Income is that part of Gross National Income that is available to all the normal residents of the country for consumptions and savings.
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