How does gross domestic product differ from gross national income

1 answer:

5 0

GDP (Gross market value) measures the market value of all final goods and services produced within a country in a given period of time.

GNP (Gross National Product) measures the market value of all final goods and services produced by a country's citizens or residents. The difference is subtle but important.

GNP excludes economic activity that occurs for example in the U.S. but is owned by foreigners and includes American economic activity that occurs in other countries.

GDP is place based whereas GNP is ownership based. Thus if a foreigner starts a company in Silicon valley, this will count as GDP, but not GNP. If General Electric opens a new plant in India, this investment will be included in GNP but not GDP.

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América se encuentra más lejos del polo norte que del polo sur. Lejos del polo norte que del polo sur. VERDADERO O FALSO

andrew-mc [135]

Answer:

Falso.

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Which plate boundary and movement commonly create volcanoes that can result in the development of habitable islands? Explain how

nasty-shy [4]

1:Plates move away from one another at divergent boundaries. This happens at mid-ocean ridges. Plates move towards one another at convergent boundaries; one plate is forced below another in a process called subduction.

2:In areas where the plates come together, sometimes volcanoes will form. Volcanoescan also form in the middle of a plate, where magma rises upward until it erupts on the seafloor, at what is called a “hot spot.” The Hawaiian Islands were formed by such a hot spot occurring in the middle of the Pacific Plate.

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