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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 present GDP and GNP of India?
current GDP rate
Which item is not used in calculating the GNP?
Production from home gardeners is not used in calculating the GNP.
What is turkey's GNP and GDP?
i have a homework about turkey's gnp between 1923 to 2013
Distinguish between GNP and GDP?
GNP = GDP + net receipts from foreigners to domestic companies - net receipts from home to foreign companies
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
Is GDP greater than GNP in Bangladesh?
No..GNP is greater than GDP for Bangladesh
What is the present GDP and GNP of India?
current GDP rate
Which item is not used in calculating the GNP?
Production from home gardeners is not used in calculating the GNP.
What is turkey's GNP and GDP?
i have a homework about turkey's gnp between 1923 to 2013
Distinguish between GNP and GDP?
GNP = GDP + net receipts from foreigners to domestic companies - net receipts from home to foreign companies
Why did US replace GNP with GDP?
The short answer is that they didn't. GNP and GDP are to different economic indicators. They are however related. However I have noticed that a lot of US statistics prefer to GDP rather than GNP to describe US economy. A reason given by the Federal Reserve Bank of St. Louis in 1992 "GDP corresponds more closely than GNP does to other indicators used to analyze short-term movements in the U.S. economy, such as employment and industrial production." GNP = GDP + NR GDP = consumption + investment + (government spending) + (exports − imports)
What is the difference between GDP ndp and gnp?
whatever product is produced and sales in our country that is called GDP,selling tothe othe country that is called GNP
Can a country's GNP greater than its GDP?
yes
What is the similarities between gDP and GNP?
business,economic forecasting
What is the per capita GNP in Germany?
German GDP - 34,100
State the relationship which holds between GDP and gnp?
GDP (Gross Domestic Product) is a commonly used calculator of national income and measures the economic activity in a country. Essentially, the GDP is a figure which measures the value of the goods and services produced in a country in a given time period (usually one year). GNP (Gross National Product) is also a calculator of economic activity. However, GNP also encompasses the value of net income made abroad. Moreover, when calculating GNP, the value of what foreign countries earn in the given country is subtracted from the value. To clarify, let us use an example: If a US business had a manufacturing plant located in China, any profit made by the plant would not be calculated in the GDP, but would be accounted for in the GNP. If a Canadian business has a manufacturing plant located in the US, any profit made by the plant would be included in GDP, however it would be subtracted from the value of the GNP. Consequently, those both GDP and GNP are measures of economic activities, the two values can be extremely different.
