GNP
abbreviation as in strong fondness
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Example Sentences
Example:Both GNP and GDP are used to measure a country's economic output, but GDP is more commonly used.
Definition:a measure of a country's economic output that includes the value of goods and services produced within its borders, regardless of the citizenship of the producers.
From GDP
Example:National Income differs from GNP as it focuses on income earned by residents rather than the total output of goods and services.
Definition:a measure of the total income earned by a country's residents and owned assets, regardless of where the income is earned.
From National Income
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