the total value of all goods and services and transactions in a country or territory per year (in U.S dollars)
Gross domestic product can be calculated in th esingle currency where as GNP may be calculated in different currency
GDP is calculated for a specific period of time, usually a year or a quarter of a year. No listing for "What is not counted in calculating GDP versus GNP".
The statement is not true because, by definition alcohol related accident costs are a subset of the GNP of any country - they are also probably a subset of the profits from alcohol sales.
53
GNP?? What are you talking about??
Gross domestic product can be calculated in th esingle currency where as GNP may be calculated in different currency
GDP is calculated for a specific period of time, usually a year or a quarter of a year. No listing for "What is not counted in calculating GDP versus GNP".
The statement is not true because, by definition alcohol related accident costs are a subset of the GNP of any country - they are also probably a subset of the profits from alcohol sales.
53
GNP?? What are you talking about??
Net National Product (NNP) is calculated by taking the Gross National Product (GNP) and subtracting depreciation (the loss of value of capital goods over time). GNP measures the total value of goods and services produced by a nation's residents, regardless of where the production occurs. Depreciation accounts for the wear and tear on capital assets, providing a more accurate reflection of a nation's economic performance. The formula can be expressed as NNP = GNP - Depreciation.
19956.5
what is the gnp of india?
The GNP of Rwanda is $1.89bn
GNP= $1.89 Billion
That is a drop in the amount of GNP.
GNP stands for Gross National Product, which is a valuation of all the goods and services produced each year in a country. It is roughly calculated by determining all personal, private, and government expenditures, as well as all exports, minus imports.