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GNP is higher when there is more income generated from Americans on our land and abroad then there is by the income generated domestically alone.

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Q: When is the Gnp higher than Gdp?
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Net factor income from abroad is positive or negative?

GNP = GDP + NFIA If NFIA positive, then GNP greater than GDP. +NFIA = GNP - GDP If NFIA negative, then GDP greater than GNP. -NFIA = GDP - GNP


Is GDP greater than GNP in Bangladesh?

No..GNP is greater than GDP for Bangladesh


Why is Kuwait's GNP higher than GDP?

because they produce lots of tomatoes


Can a country's GNP greater than its GDP?

yes


Why did US replace GNP with GDP?

The short answer is that they didn't. GNP and GDP are to different economic indicators. They are however related. However I have noticed that a lot of US statistics prefer to GDP rather than GNP to describe US economy. A reason given by the Federal Reserve Bank of St. Louis in 1992 "GDP corresponds more closely than GNP does to other indicators used to analyze short-term movements in the U.S. economy, such as employment and industrial production." GNP = GDP + NR GDP = consumption + investment + (government spending) + (exports − imports)


What is the present GDP and GNP of India?

current GDP rate


What is turkey's GNP and GDP?

i have a homework about turkey's gnp between 1923 to 2013


Distinguish between GNP and GDP?

GNP = GDP + net receipts from foreigners to domestic companies - net receipts from home to foreign companies


What does gross national product measure?

The GNP allocates production based upon location of ownership, unlike the Gross Domestic Product (GDP) of a given country. The GNP is the market value of all of the products and services produced in one year by labor and property supplied by the citizens of a country. So, a country's GNP should be higher than their GDP, provided they have overseas operations.


Why gdp commonly used by countries than gnp?

niyandiqhela(xhosa) u are negatively used to me


In calculating GDP versus GNP what is now not counted?

GDP is calculated for a specific period of time, usually a year or a quarter of a year. No listing for "What is not counted in calculating GDP versus GNP".


What are the 3 reasons GNP or GDP is insufficient measure of growth and poverty?

1. These aggregates do not measure the distribution of income and final goods and services. A higher GDP can be due to an increase in the income only of the richer section of the economy. The income of the poorer section could even have deteriorated despite a high GDP or GNP. 2. Externalities are ignored in the calculation of GDP. A higher GDP may have resulted in the current year due to unsustainable use of resources during a period.