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2. What is the difference between GDP and each of the following?
a. Gross national product
b. Net national product
c. National income
d. Personal income
e. Disposable personal income
Solution
GDP is the gross domestic product
GNP is the gross national product
NNP is the net national product
Natioanl Income
Personal Income
Disposable personal income
HOPE THIS HELPS
PLEASE COMMENT IF YOU HAVE ANY DOUBTS
THANKS

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  • 1. 2. What is the difference between GDP and each of the following? a. Gross national product b. Net national product c. National income d. Personal income e. Disposable personal income Solution GDP is the gross domestic product GNP is the gross national product NNP is the net national product Natioanl Income Personal Income Disposable personal income HOPE THIS HELPS PLEASE COMMENT IF YOU HAVE ANY DOUBTS THANKS