The gross national product (GNP)is a measure of the domestic goods and services produced within the nation on an annual basis.

Question

Quizplus · Accepted Answer

The GNP refers to the goods and services produced in a nation (defined by ownership location)and is measured on an annual basis.Alternately,you will see comparisons with the gross domestic product,or GDP,which is restricted to the goods and services produced within the nation (defined geographically),thus excluding business not located in the particular nation.

The Gross National Product (GNP)is a Measure of the Domestic