What is the relationship betwen GDO,GNP and PC? Discuss.

1.	What is the relationship betwen GDO,GNP and PC? Discuss.
Answer» The main DIFFERENCE is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national OUTPUT = national EXPENDITURE) produced in a particular country. GNP (Gross National Product) = GDP + net property income from abroad

Answer»

The main DIFFERENCE is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national OUTPUT = national EXPENDITURE) produced in a particular country. GNP (Gross National Product) = GDP + net property income from abroad

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What is the relationship betwen GDO,GNP and PC​? Discuss.

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What is the relationship betwen GDO,GNP and PC? Discuss.