answersLogoWhite

0

Gross National Product (GNP) measures the total value of goods and services produced by a country's residents, regardless of where they are located. Gross National Income (GNI) includes income earned from abroad minus income earned by foreigners domestically. GNI is a more accurate measure of a country's economic performance as it reflects the total income generated by a country's residents. Both GNP and GNI are important indicators of a country's economic health and can impact factors such as investment, trade, and overall economic growth.

User Avatar

AnswerBot

5mo ago

What else can I help you with?

Related Questions

What is the difference between war and world war?

world war is war between more then 2 countrys and war is between only 2


Non economic activities and its examples?

What is the difference between economic and non economic activities.?


What is the difference between an economic revolution and a political revolution?

the diifference between a political revolution and an economic revolution


What is the difference between comparative economics and comparative economic system?

The different between them is that the word economics and economic.


What are the Differences between economic history and history of economic thought?

the difference history of economic and history of economic thought


What is the difference between performance and success of a team?

Effort


What is the difference between display and performance?

display is something you see, however, performance is something you do.


What is performance gaps?

Performance gap is the difference between current situation and intended situation.


What is the difference between economic and economical?

Economic = to do with money Economical = something that is money-saving


What is the difference between economic and free goods?

The difference between free and economic goods is the fact that, free goods don't cost us anything to be able to have and economic goods cost us to be able to get that service or good.


What is the difference between the values of "a" and "a"?

The difference between the values of "a" and "a" is that "a" is higher in value and indicates a better performance or achievement compared to just "a."


What is the difference between appearance and performance?

"Appearance" is what something looks like; "Performance" is what it does. "This car has the appearance of a gazelle and the performance of a slug."