when is GDP of an economy equal to is GNP?
Anonymous:
Thus, Gross National Income (GNP) will be equal to the Gross Domestic Income(GDP) when Net Factor Income from Abroad is equal to zero. Or in other words when, Factor income earned from Abroad is equal to Factor Income Paid Abroad
tnq pranav
hanji
hmm
Answers
Answered by
5
Answer:
Thus, Gross National Income (GNP) will be equal to the Gross Domestic Income(GDP) when Net Factor Income from Abroad is equal to zero. Or in other words when, Factor income earned from Abroad is equal to Factor Income Paid Abroad.
MAY IT HELPS U ☺️
Answered by
13
Answer:
Thus, Gross National Income (GNP) will be equal to the Gross Domestic Income(GDP) when Net Factor Income from Abroad is equal to zero. Or in other words when, Factor income earned from Abroad is equal to Factor Income Paid Abroad.
Similar questions