By one of:
1) Income. Sum up all income in the economy from all sources.
2) Expenditure. Sum up all sources of spending in the economy.
3) Value-added. Sum up all value-added in the production of goods.
All of which are equal.
GDP measures the production of a country within its geographical borders, while GNP represents the citizens and corporations.
Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.
gross domestic product
TRUE
TRUE
(gross national product or GNP) minus depreciation = net national product
Gross domestic product measure the total output produced from within the countries boarders. Gross national product measures the output generated by a countries enterprises. The best way to measure Ghana's economic activities would be to use gross domestic product.
gross domestic product
TRUE
TRUE
GNP stands for Gross National Product
Ireland does have a gross national product.
Measure of Success of EconomyYes, the GNP is the measure of success of an economy.
The acronym for Gross National Product is GNP.
GNP stands for Gross National Product
(gross national product or GNP) minus depreciation = net national product
The gross national project is derived from the gross domestic product because various domestic products brought together is what is used to create the gross national project.
grap of gross national product of the Philippines