It is reasonable to expect corporate sales to be closely related to GNP.

Question

Quizplus · Accepted Answer

Gross National Product (GNP) measures the total value of goods and services produced by a country's residents, regardless of their location, over a specific period. Corporate sales reflect the revenue generated by the business through the sale of its products or services. Since the overall economic activity affects the demand for goods and services, GNP can be considered a significant indicator of the level of economic activity. Therefore, it is reasonable to expect that corporate sales will be closely related to GNP.

It Is Reasonable to Expect Corporate Sales to Be Closely