Questions LLC
Login
or
Sign Up
Ask a New Question
Economics
Macroeconomics
National Accounts
Explain the difference between GDP and GNP in economics in one sentence.
1 answer
GDP measures the value of all goods and services produced within a country's borders, while GNP measures the value of all goods and services produced by a country's residents, regardless of location.
You can
ask a new question
or
answer this question
.
Related Questions
Why is tracking GDP a good way to evaluate the impact of governmental decisions on society?
(1 point) The GDP can help track
in 1990, US nominal GDP was $5,744 billion and the GDP chain price index is 93.6. Real GDP in 1996 dollars is approximately:
Why might there be such a large difference in the per capita GDP of these specific countries of Southwest Asia (the Middle East)
what is the difference between government and difference between arts and difference between economics and difference between
Gross domestic product (GDP) is the monetary value of all the finished goods and services produced in a country over a certain
In a given year, nominal GDP grew by approximately 4%, while real GDP grew by only 2.3%. This difference can be accounted for by
Explain the difference between GDP and GDP in economics in one sentence.
A german toy company manufactures its products withing US borders. If the company decides to downsize and cut production by
What are the following variables used for in economics:
Nominal GDP, Real GDP, GDP Deflator and CPI?
should we care more about nominal GDP or real GDP??
Thank you for using the Jiskha Homework Help Forum. Here is a link that
