Explanation:
GDP or Gross domestic product is a total value of the domestic produce of the nation at a specific time period.
The GNP or Gross national product is the total value of all the finished goods and services which is owned by a nation's residents over a time period. The difference between Gross domestic product and Gross national product is that GDP limits the understanding of the economy within the country while GNP extends its meaning to the total value of produce which includes economic activities done outside the country by its nationals.
Gross domestic product indicates how a country is developing as an economy. While GNP shows how the citizens of a particular country are contributing to the economy of the country.
<span>Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct response would be that it unites the society (usually a country, state, city, etc.) around a common goal, which is to have "their" team win. </span></span>
Answer:
Aggregate expenditure (AE) = C + I + G + NX
Explanation:
Aggregate expenditure (AE) gives the total value of all finished goods and services available in an economy. From the equation above;
C = Consumption, defined as the total consumption of household over a period in view
I = Investment, which provides the total expenditure on capital goods
G = Government expenditure, which provides the total spend by all arms of government; federal, state, and local government.
NX = Net exports, which provides a value for the total exports less the total imports.
New Jersey, Delaware, and Pennsylvania
