3 years ago

How is GDP different than that of GNP? Explain with examples.

1 answer:

6 0

Answer:GDP stands for Gross Domestic Product, the total worth estimated in currency values of a nation’s production in a given year, including service sector, research, and development. That translates to a sum of all industrial production, work, sales, business and service sector activity in the country. Usually this is calculated over a period of one year, but there may be analysis of short and long term trends to be used for economic forecast. Gross …

Explanation:

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A group of people believed to share the same history, culture, language, and even physical substance constitute a:_________a. Na

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