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8:16
YouTube
Economics
Understanding Gross National Product (GNP): Definition, Differences from GDP, and Calculation
Gross National Product (GNP) is a crucial economic indicator that approximates the total value of all goods and services produced by a country's citizens and domestically owned businesses. It differs from Gross Domestic Product (GDP) in that GNP includes the production activity of a country's citizens and domestic businesses regardless of where ...
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