Question

Which between a country's gdp and gnp has higher value?

Answer 1

Answer:

Economists and investors are more concerned with GDP than with GNP because it provides a more accurate picture of a nation's total economic activity regardless of country-of-origin, and thus offers a better indicator of an economy's overall health

Explanation:

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Answer 2

Answer:

If the income earned by domestic firms in overseas countries exceeds the income earned by foreign firms within the country, GNP is higher than the GDP. For example, the GNP of the United States is $250 billion higher than its GDP due to the high number of production activities by U.S. citizens in overseas countries.

Explanation:

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