243. Explain what gross national product means.
Gross National Product (GNP) is a commodity that is produced in a national economy for a year and can be delivered directly to the market.
Gross domestic product in the first year of GDP is the sum of market prices of all final products (services). All products produced this year can be sold, the file replenishes part of the stock. In other words, it is necessary to take any increase in the volume of GDP sold (sold or not sold), because GDP production is all the products of the year (sold or unsold).
Gross National Product (GNP) is one of the final macroeconomic indicators that characterizes a country's overall economic activity over a period of time (usually a month, quarter, or year). GDP is the sum of all primary incomes of the state, expressed in market prices (regardless of whether they occur due to factors of production in the country or abroad). GDP is calculated on the basis of the national accounting system.
244. Explain what gross domestic product means
Gross domestic product (GDP) is a reduction in gross domestic product (GDP) and a macroeconomic indicator that directly reflects the market value of goods and services (ie, directly for consumption) that reflects the final goods and services of each year. The YIMA is also a year-round report for consumption in all sectors of the economy, a firm export fund that uses the factors of production of national equipment. This concept was first proposed in 1934 by Simon Kuznets. World economists divide the current and current GDP of countries into annual reports. GDP estimates this year's price increase based on current prices (excluding ratios) in world markets. GDP (with a correct assessment of the crisis) seals the nature of price increases to the previous or any other distribution of annual reserves. GDP always takes into account existing products and the extent to which there is an increase in production in countries is determined by the level of GDP. Along with GDP, the economy returns to its full potential as it employs a full-fledged labor force. GDP potential is the value of full employment and economic potential of GDP, which increases the importance of direct and indirect links with research in other areas. [2] GDP is calculated in any national currency or in foreign currencies at exchange points, if necessary, between countries. To evaluate these to such values, the World Market Parity Purchasing Power (PHQ) (to determine the accuracy or excess of an international comparison) is provided. Today, a certain amount of computational or fixed-size products, known as "market value," can operate in a free world market.
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