Comparing GDP and GNP! (Examples included!)

In this video we go over what GDP and GNP are, how they are related, and how they are different. We will also go over different examples for both GDP and GNP.
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#Economics #GDP #GNP

[@TheAsian0711]

Short, simple, and straight to the point. Thank you so much!

[@imandashti981]

Wayyyyy underated channel. Thank you for this!

[@MrSinn]

Thank you so much for the support!

[@angelicaolasiman8706]

You just saved me. Been watching a lot of vids but this clear and concise video is the best. God bless you and your channel!

[@annabasug3920]

you look like sheldon😭

[@baguette745]

without the autism

[@Dictator_of_World]

He is

[@lucastyrellbeatsbackup]

Thanks! Having a geography test tomorrow and I needed to know what this was!

[@maham5289]

best explaination on the internet trust me

[@mbinohangetjijapa]

Have had this definition in class for years but never understood. I finally get it😢

[@ivobismonte2111]

This was nailed in a nutshell, thank you so much!

[@cianrock7417]

Great video mr sinn

[@MrSinn]

Thank you kindly

[@thisisyoutubetv3235]

Subscribed!

[@christophermichaelsanchez4470]

thank you for the clear and simple explanation

[@charlesyum3316]

Very clear explanation Thanks

[@PartnerWithAngela]

very helpful thank you

[@michaelburns5243]

thank you. if only my econ professor could explain this way

[@manasip3824]

Wonderful explanation!

[@Sidramajeedd]

I am fro pakistan and thanks for great lecture

[@anthonyflores2380]

Explained it very well.

[@michaelfrancisguiuan5618]

thank u so much it's simple to understand

[@kristenlowrey4240]

Bruh, drop your skincare routine!

[@edanclow138]

good explanation

[@jdl1988]

great vid thanks

[@Jinwuuuxdd]

THANK YOU SO MUCH!

[@MrSinn]

You're welcome!

[@AR-zl8cy]

Nice explanation

[@MrSinn]

Thank you very much!

[@dhcjduendncudjsbdcjdjsnjdj7340]

That first picture really looks like the map rust from the call of duty games

[@موسى_7]

Don't the factories of foreign companies contribute to GNP as well?
Americans don't come to work in British Ford factories. Local people are hired. So would their wages contribute to British GNP, while the profits go to American GNP because the shareholders are American?
Or do wages only count for GNI and not GNP, meaning GNI and GNP are different?

[@alexisalfar4055]

Thanks

[@ABCDEF-j5r6z]

Hi, I currently work at Australia but I have no Australian citizenship. I'm South Korean. But Korean government doesn't know about my income or work status. Does my income still can be part of Korean GNP?? Or does it count as Australian GNP? I'm confused.

[@rchilde1]

Your work is GDP for Australia since you're there producing there. You dont need to be a citizen of Australia, furthermore, your company is Australian. It would be Korean G-N-P only if your company is based in Korea, regardless of who/where they produce. Example, Microsoft has factories in China. All product produced there (regardless if by Chinese, Mexican or American, whatever) counts as China's GDP, even though it is Microsoft, a US company, which also counts as US GNP. See how GDP can inflate or overstate certain nations, United States GAAP accounting would consider/prefer GNP since it wants to see the company's total worth/production not just what's 'local'.

[@willielawrence8312]

thanks Sinn

[@hannahnabicht3622]

How would GDP be a good indicator of wealth or a decent standard of living?

[@Kenistyless]

Thanks for clearing that up...l think Money wants to keep us confused!! But l'll try!..like Gecko in Wall St. Once said "...you win a few; you loose a few;...but you keep on fighting; and if you need a friend, get a dog"

[@thembiemadlophe2618]

Does the contribution of non-Americans living in America affect its GNP?

[@coolmxx]

GDP ve GNP diye iki kavram vardır sevgili öğrenciler…
Bunları detaylı açıklamayacağım ama lütfen araştırmayı ihmal etmeyiniz…
Vatandaşlıktan çıkana kadar Yurtdışında elde edilen gelirler bizim hesabımıza yazar…

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92085 Emard Harbor

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Meredith Terrace

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Walter Mills

[@AnthonyDavis-i2f]

Casper Burg

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Price Underpass

[@sanjaymenon7490]

hallo

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gyatt

[@OsmanIYKamara]

You tough

[@brianmoore2771]

How disappointing, your credibility suffers by your wearing such a cheap shirt .

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👎👎👎👎uuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuu

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95487 Orpha Well

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33467 Roberts Greens