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प्रश्न
Distinguish between Gross national product and Gross domestic product.
फरक स्पष्ट करा
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उत्तर
| Basis | Gross National Product(GNP) | Gross Domestic Product(GDP) |
| 1. Definition | GNP considers all the goods and services produced by the normal residents of a country both within the domestic territory and outside the country. | GDP refers to the market value of all the final goods and services produced within the domestic country during an accounting year, including depreciation. |
| 2. Net factor Income from abroad | It includes the net factor income from abroad. | It excludes the net factor income from abroad. |
| 3. Formula | GNP = Consumption + Investment + Government expenditure + (exports − import) + (receipts from abroad − payments made abroad) | GDP = Consumption + Investment + Government expenditure + exports − import |
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