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What does this mean? What calculations must you make to determine NI from GNP? Is the answer income from valued products and services?

What does this mean?

What calculations must you make to determine NI from GNP?

Is the answer income from valued products and services? I'm confused



Top Answer

GNP = C + I + G + X + Z.   i.e GNP = Consumption + Investment + Government + X (net exports, or... View the full answer

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Other Answers

GNP at the gross national product is an economic statistics or value which can be determined... View the full answer

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