Difference among GNP, NNP and Disposable Income | National Income

The upcoming discussion will update you about the differences among GNP, NNP and Disposable income. We can measure 'GNP' in two different ways. As Fig. 5 shows, GNP can be measured either as a flow of products or as a sum of earnings. In the upper loop, people spend their money on final goods. The total dollar flow of these [...]