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Gross National Product

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PPGPortal > Home > Concept Dictionary > F, G, H > Gross National Product

Gross National Product 

The value of all goods and services produced by the people of a particular jurisdiction during a given period of time. The GNP differs from GDP in that it includes the value of capital service payments abroad and capital services receipts from abroad.

(Peter Dungan, Toronto PPG 1003H)


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