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Questions and Answers
What is the important thing to remember in connection with the concept of GNP?
What is the important thing to remember in connection with the concept of GNP?
What are the three methods used to measure national product?
What are the three methods used to measure national product?
Which two kinds of output are included in the definition of gross national product (GNP)?
Which two kinds of output are included in the definition of gross national product (GNP)?
What is the definition of gross domestic product (GDP)?
What is the definition of gross domestic product (GDP)?
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Which method measures the money value of all final goods and services produced within a country's borders?
Which method measures the money value of all final goods and services produced within a country's borders?
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