TeachMeFinance.com - explain Gross national product (GNP)
Gross national product (GNP) The term 'Gross national product (GNP)' as it applies to the area of energy can be defined as ' The total value of goods and services produced by the nation's economy before deduction of depreciation charges and other allowances for capital consumption. It includes the total purchases of goods and services by private consumers and government, gross private domestic capital investment, and net foreign trade'.
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