write note on GNP.....
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Gross national product (GNP) is an estimate of total value of all the final products and services turned out in a given period by the means of production owned by a country's residents.
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gross domestic product GDP is the monetary value of all finished goods and services made within the country during a specific period . GDP provides an economic snapshot of a country , used to estimate the size of an economy and growth rate . GDP can be calculated in three ways using expenditures, production or incomes .
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