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Gross National Product (GNP)

  • This is the metric used to measure a country's economic output that is produced by all the citizens of a country regardless of their location.

  • It represents how its nationals are contributing to the country's economy.

  • In order to calculate the GNP, you must add the same components above along with the net income by domestic residents and businesses from overseas investments, then subtract it from the net income earned by foreign residents and businesses from domestic investment.

22 hours ago

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