abbreviation of gnp and nnp
Answers
Answered by
1
Answer:
(NNP) net national product
(GNP) gross national product
Answered by
1
Answer:
- Gross national product (GNP)
- Net national product (NNP)
Explanation:
- Gross national product (GNP) is the market value of all the goods and services produced in one year by labor and property supplied by the citizens of a country.
- Net national product (NNP) is, the total value of finished goods and services produced by a country's citizens overseas and domestically, minus depreciation. NNP is often examined on an annual basis as a way to measure a nation's success in continuing minimum production standards.
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