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The CPI measures changes in prices over time while the GDP measures changes in production.

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16y ago

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What is the difference between GNP at market price and GNP at current price?

No difference. Both are the same.


What is the difference between GNP at market price and GNP at curent price?

No difference. Both are the same.


What is the difference between GNP at current price and GNP at constant price?

it is the same


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 difference between the current GNP and real GNP?

The actual one is the one that the government uses and the real gnp is the one that is well the real one just not the one the government goes by.


How can one determine inflation using the Consumer Price Index (CPI)?

To determine inflation using the Consumer Price Index (CPI), one can compare the current CPI to the CPI from a previous period. If the current CPI is higher than the previous CPI, it indicates inflation. The percentage difference between the two CPI values can be used to calculate the inflation rate.


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


How can one determine the inflation rate by utilizing the Consumer Price Index (CPI)?

To determine the inflation rate using the Consumer Price Index (CPI), you can compare the current CPI to the CPI from a previous period. The percentage difference between the two values represents the inflation rate.


How can one determine the rate of inflation using the Consumer Price Index (CPI)?

To determine the rate of inflation using the Consumer Price Index (CPI), you can compare the current CPI to the CPI from a previous period. The percentage difference between the two values indicates the rate of inflation.


What is the difference between cpi and cgpa?

The difference is that a CGPA is a Cumulative Grade Point Average. A CPI is a Consumer Price Index. One is a grading system, and one is a financial concept.


What are the disadvantage of gnp?

Sorry I only have one but it is the main one: It does not show the difference in wealth between people and places in a country.


What is the relationship between CPI and inflation?

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