1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alex Ar [27]
3 years ago
5

What is the clear difference between GDP and GNP?

Social Studies
2 answers:
lara [203]3 years ago
8 0

Answer:

Explanation:

GDP or gross domestic product is a measure of national income produced in a particular country. GNP or gross national product is the account of net income that is received from the abroad. The GDP includes the national income of the country but GNP includes the GDP plus net income obtain from the abroad.

The two indicators can be used to measure and compare the overall health and size of two countries economy. To compare the GDP and GNP of two countries we need to convert the currencies of two distinct countries into common currencies.

wariber [46]3 years ago
3 0

Explanation:

GDP or Gross domestic product is a total value of the domestic produce of the nation at a specific time period.

The GNP or Gross national product is the total value of all the finished goods and services which is owned by a nation's residents over a time period. The  difference between Gross domestic product and Gross national product is that  GDP limits the understanding of the economy within the country while GNP extends its meaning to the total  value of produce which includes economic activities done outside the country by its nationals.

Gross domestic product indicates how a country is developing as an economy. While GNP shows how the citizens of a particular country are contributing to the economy of the country.

You might be interested in
Mr. Simpson has recently begun to express feelings of hostility and resentment toward his therapist, who is consistently friendl
lina2011 [118]

Answer:

I think the answer is 2

Explanation:

8 0
3 years ago
In our analysis of economics and culture, the substantivists argue that
vladimir2022 [97]
In our analysis of economics and culture, the substantivists argue that sometimes profit motives are alien to non-western societies. Substantivists is a position in which there are two meanings of the word economy. In this case, depending on the situation profit and motives may be motivating and meaningful to different people based on their economic situation. 
6 0
3 years ago
Which of these practices describe how producers in oligopolies generally try to create competition? Check all that apply.
alexgriva [62]

Answer:

wassup

Explanation:

7 0
3 years ago
Read 2 more answers
In the textbook, Sternberg identified four fallacies in thinking that otherwise smart people make. Which fallacy is consistent w
Stells [14]

Answer:

The omnipotence fallacy

Explanation:

The omnipotence paradox or fallacy arise if one assumes that an omnipotent being has no limits and is capable of realizing any outcome or result and even logically contradictory ideas such as creating square circles. This family of fallacies hinges on the understanding of the word "omnipotent" which is the nature of God.

The most well-known version of the omnipotence paradox is the paradox of the stone "Could God create a stone so heavy that even He could not lift it? This phrasing of the omnipotence paradox is vulnerable to objections based on the physical nature of gravity, such as how the weight of an object depends on what the local gravitational field is. Other statements of the paradox that do not involve such difficulties include "If given the axioms of Euclidean geometry, can an omnipotent being create a triangle whose angles do not add up to 180 degrees?" and "Can God create a prison so secure that he cannot escape from it

Relating this to the question, smart think that they are all powerful and they can do whatever they want and will not come to any harm. This is a case of omnipotent fallacy. He feels all powerful.

And believes that because he exercises, smoking (which is dangerous to health) will not cause him any harm, and hence he shouldn't be in the statistics of smokers.

7 0
3 years ago
Read 2 more answers
Peter drucker stated that a knowledge society would emerge in the future that meant ________
Bingel [31]
The correct answer is "processing knowledge may be important as processing land, labor or capital". 

Peter Drucker was a famous Austrian management consultant, teacher and author. Peter Drucker's famous writings hold a great effect on philisophical and practical basis of modern ventures and corporations.
4 0
3 years ago
Other questions:
  • A very large study of 55,00 europeans from childhood through late adulthood found that eveningness peaked at what age?
    6·1 answer
  • The executive department with the most important role in foreign policy is the (3 points)
    15·1 answer
  • Legislative Branch - Define implied powers. What is the debate surrounding implied powers?
    5·1 answer
  • A major criticism of the use of medication for treating a child's adhd is that
    11·1 answer
  • In the following examples who is functioning as a producer?
    11·2 answers
  • Diane, a psychologist, is examining the intrinsic factors that make Stella ambitious and passionate about accomplishing her goal
    7·1 answer
  • 1. Tor F By looking at the large scale of things, symbolic interactionism explains the individual in
    12·2 answers
  • Please help...................................
    13·2 answers
  • What are the elements of comic art?
    12·1 answer
  • PLEASE HELP ILL GIVE BRAILEST 50 PTS
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!