GNP is the market value of all final goods and services produced:
A) within a country's borders in a year.
B) within a country's borders over time.
C) by a country's permanent residents within the country's borders in a year.
D) by a country's permanent residents,wherever they are located,in a year.

Question

Quizplus · Accepted Answer

GNP (Gross National Product) measures the market value of all final goods and services produced by a country's permanent residents, regardless of their location, in a year. It includes the value of goods and services produced domestically and abroad by citizens of that country.

GNP Is the Market Value of All Final Goods and Services