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Glossary > G > "Gross national product" Definition

Gross national product

The total value of all goods and services produced by a country. Real growth in GNP measures the increase in output after making adjustments for inflation.

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Gross national product - The total value of all goods and services produced by a country. Real growth in GNP measures the increase in output after making adjustments for inflation.

Gross national product : the total value of all goods and services produced by a country. real growth in gnp measures the increase in output after making adjustments for inflation.