What is gross national productgross national product gnpit, Ask an Expert

Economics

What is Gross National Product?

Gross National Product (GNP):

It measures the value of output produced through a country is citizens anywhere within the world, in a specified period of time, generally one year. As an example of: Cars produced through Honda into the UK are comprised in UK GDP nevertheless profits sent back to Japan add to Japan is Gross National Product.

GNP = GDP + net property income through abroad (NPIA) which is income received through other countries (as like interest and dividends); remove similar payments made to the other countries.

View complete question

Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M9579515

Have any Question?Write your Review or question?

Related Questions in Macroeconomics

Question - gatekeeper models of mcos require patients to

Question - Gatekeeper models of MCOs require patients to see a primary care doctor before going to see a specialist. What two key economic principles would be involved in a successful gatekeeper program?

Question - a study was conducted to determine how people

Question - A study was conducted to determine how people get jobs. Four hundred subjects were randomly selected and the following are the results: Job Source of Survey Respondents Frequency Newspaper want ads 69 Online s ...

Economics and finance for business assignment -research

Economics and Finance for Business Assignment - Research report on Australian businesses - An industry or market analysis The objective: To conduct a market or industry analysis of rival businesses in an industry of your ...

Introductory macroeconomics assignment -questions1 suppose

Introductory Macroeconomics Assignment - Questions 1. Suppose that the election of a popular candidate suddenly increases people's confidence in the future. Use the model of aggregate demand and aggregate supply to analy ...

Question - a student buys a used car for 3000 with no money

Question - A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly. a. What is the monthly loan payment? b. What is the t ...

Question - how does strategic positioning benefit a firm

Question - How does strategic positioning benefit a firm? Discuss the importance of advertising, branding, and the effect of both on the product's demand curve.

Question - what do you predict will happen to the foreign

Question - What do you predict will happen to the foreign exchange rate if interest rates in the United States increase dramatically over the next year? Explain, using a graph of the foreign exchange market. How would su ...

Question - binyavanga wainaina and william easterly each

Question - Binyavanga Wainaina and William Easterly each wrote some satirical content regarding how western authors tend to write about Africa. (Easterly writes about the poor more generally, but much of his work is focu ...

Question draw the supply and demand diagram for reserves

Question: Draw the supply and demand diagram for reserves with the curves intersecting on the downward sloping part of the demand curve - diagram A. Draw a second graph with the intersection taking place on the horizonta ...

Question - the fuel filter section of u-beaut tractors pty

Question - The fuel filter section of U-Beaut Tractors Pty currently manufactures two range of filters for its farm equipment production. The standard line of filters is produced in annual quantities of 20,000 units, whe ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Macroeconomics Expert