Gross National Product: Difference between revisions
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Definition
Gross National Product (GNP). GDP plus incomes earned by residents from overseas earnings, minus incomes earned within the economy by overseas residents.
The market value of the goods and services produced by labor and property supplied by a country's residents.[1]
References
- ↑ Concepts and Methods of the US Input-Output Accounts. K.J.Horowitz, M.A.Planting, 2009
