GNP and GDP: An Explanation of Terms

Abstract: 5 pages. Government spending on goods and services is a significant fraction of the total output of the economy. Total consumer spending, investment, government spending and net foreign spending on final goods and services are the components that make up most of the gross national product. This paper goes into lengthy detail of the difference between the gross national product (GNP) and gross domestic product (GDP). Bibliography lists 4 sources.

Filename: JGAgdgnp.wps

Pages: 5

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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