Question

A formula that calculates the total dollar value of all goods and services produced in a nation and all the goods and services produced by that country s employees and companies in other nations results in the _____ of a nation.

Answer 1

Answer:

Gross National Product (GNP)

Explanation:

According to Investopedia, "the Gross National Product is the value of a nation's finished domestic goods and services during a specific time period".

*Note that the GNP should NOT be confused with the GDP (Gross Domestic Product). The GDP only accounts for the value of goods and services produced within a nation's borders, while the GNP also adds the value of services produced by that country's employees and companies in other nations.