When is GDP equals GNP
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Answer:
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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Answered by
0
Answer:
Net Factor Income From Abroad = Factor Income Earned From Abroad - Factor Income Paid Abroad. Thus, Gross National Income (GNP) will be equal to Gross Domestic Product (GDP) when Net Factor Income From Abroad is zero.
Explanation:
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