Comment on the relationship between GDP and GNP. Which is larger? Why? 35 word

Comment on the relationship between GDP and GNP. Which is larger? Why?

35 word

Expert Solution

Answer) Gross Domestic Product:-

A calculated value of the total worth of a country’s production and services, within its border, by its nationals and foreigners, computed over the course on one year.

Gross National Product:-

A computed value of the total worth of products and services, by citizens of a country, on its territory or on foreign territory, computed over the course on one year.

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Rahul Sunny answered 6 months ago

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