The gross domestic product plus the income from non-resident sources abroad gives the ____.

Question

Quizplus · Accepted Answer

The gross domestic product (GDP) only measures the income generated within a country's borders. To calculate the total income earned by a country, including income generated by its citizens and businesses abroad, we need to add income from non-resident sources to the GDP. This calculation gives us the gross national product (GNP).

The Gross Domestic Product Plus the Income from Non-Resident Sources