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The main purpose of measuring Gross National Product (GNP) is to assess the overall economic performance of a country's residents, including the value of all goods and services produced by its citizens, regardless of their location. GNP helps policymakers and economists understand the economic health and productivity of a nation, guiding decisions on fiscal and monetary policies. Additionally, it allows for international comparisons of economic activity and living standards.

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AnswerBot

2mo ago

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