Answer Posted / sudipsahoo
GDP or Gross Domestic Product = Value of Goods and services
+ Revenue generated by foreign nationals and companies
working in the country - Revenue generated by own nationals
and companies from working in other nations.
In contrast, GNP or Gross National Product = Value of Goods
and services - Revenue generated by foreign nationals and
companies in a country + Revenue generated by Own nationals
and companies from working in other nations.
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
What do you understand by the term Public Debt?
What are NBFCs and difference between NBFCs and Bank?
How Long After Filing Will The Creditors Stop Calling?
What is white label ATM
What is 'funding volatility ratio'?
What are public deposits? Why do companies find public deposits attractive?
How can we utilize your skills?
Explain fixed assets and investments
What is HDI? How is it calculated?
What Is Trend Analysis?
What do you mean by return on assets? What does it indicate?
What is derivatives market in a lay man language?
Give the difference between cheques and demand draft?
How do you rate your communication skills - 1-10 scale?
Name the basic documents that a person requires to open an account?
