Economy, asked by sarthu281, 1 year ago

How the economic development can be measure of a nation?

Answers

Answered by mahi12345678

Gross National Product (GNP) measures the economic output of a given nation. GNP can be used to measure the increase in real national income over a given period of time. 1. Real national income excludes price changes.

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Answered by peehuthakur

Answer:

Different methods, such as Gross National Product (GNP) and Gross Domestic Product (GDP) can be employed to assess economic growth. Gross Domestic Product measures the value of goods and services produced by a nation

Explanation:

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