0
MY tercher told me ,that has 3 method to calculate. 1.income method -total all money earn by factors of production ( wage,rent ,interest,profit) 2.output method - total value of all output produced in the economy(value added for manufactured goods) 3.expenditure method (total of capital asserts) all money on goods and servise +adiction to stock+(import spending-export spending)+(subsidies-taxes)
the earned income of workers added together then subtracted from investors profit
.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
How do you calculate gnp using industrial origin approach?
find the value of Y and X
What are the different problem approaches in computing GNP?
Expenditure Approach and Income Approach.
What are the 3 approaches of GNP?
expenditures approach, income approach, industrial origin approach, value added approach
What are the steps involved in measuring national income using expenditure approach?
GDP = Consumer Spending + Govt Spending + Investment Spending + Net Exports ( Exports-Imports)Add the Income by the nationals fromforeigncompanies to GDPYou get the GNP - GROSS NATIONAL PRODUCT
When is the Gnp higher than Gdp?
GNP is higher when there is more income generated from Americans on our land and abroad then there is by the income generated domestically alone.
How do you calculate gnp using industrial origin approach?
find the value of Y and X
What are the different problem approaches in computing GNP?
Expenditure Approach and Income Approach.
What are the 3 approaches of GNP?
expenditures approach, income approach, industrial origin approach, value added approach
What are the steps involved in measuring national income using expenditure approach?
GDP = Consumer Spending + Govt Spending + Investment Spending + Net Exports ( Exports-Imports)Add the Income by the nationals fromforeigncompanies to GDPYou get the GNP - GROSS NATIONAL PRODUCT
When is the Gnp higher than Gdp?
GNP is higher when there is more income generated from Americans on our land and abroad then there is by the income generated domestically alone.
Net factor income from abroad is positive or negative?
GNP = GDP + NFIA If NFIA positive, then GNP greater than GDP. +NFIA = GNP - GDP If NFIA negative, then GDP greater than GNP. -NFIA = GDP - GNP
What is the difference between gnp and nni?
Gross National Income is the total income earned by citizens of a nation wherever they are, Net National Income is a measure of the income earned by households, whether they receive it or not. NNI = GNP - depreciation - indirect taxes
What is the difference between GNP at market price and GNP at factor cost?
GNP at factor cost refers to income which the factors of production receive in return for their service alone. GNP at FC = GNP at Market Price - Net Indirect Taxes + Subsidies
What is the approaches to GNP Accounting?
output(production) , income & expenditure .
What is formula for calculating net income?
NNP=GNP-depreciation
Anu ano ang mga bansang nangunguna sa antas ng GNP at per capita income?
mga bansa na nangunguna sa antas ng gnp at per capita income
What is the GNP of Cuba?
The gross national product (GNP) of Cuba is about $11 billion. The per capita income for individuals is less than $1,000 per year.
