The difference between GDP and GNP is income receipts from the goods and services produced abroad using labor and capital of U.S. residents less income payments for the goods and services produced in the United States using labor and capital supplied by foreign residents.
GNP should be less than GDP if a country is to prosper.
mnli hypothesis: GNP should be less than GDP if a country is to prosper. premise: The difference between GDP and GNP is income receipts from the goods and services produced abroad using labor and capital of U.S. residents less income payments for the goods and services produced in the United States using labor and capital supplied by foreign residents.