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GNP use

Regulations/Policies
From United Kingdom
To Austria
324 views / 1 experts
Jasmine G.
May 25, 2021

What is the use of Gross National Product?

1 answer

Raymond Y.
May 25, 2021

Gross national product is one metric for measuring a nation’s economic output. Gross national product is the value of all products and services produced by the citizens of a country both domestically, and internationally minus income earned by foreign residents. For instance, if a country had production facilities in a neighboring country and its home country, gross national product would account for both of these production outputs.

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