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GDP vs. GNP — What's the Difference?

GDP vs. GNP — What's the Difference?

Difference Between GDP and GNP

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Gdp

Measure of the United States economy adopted in 1991; the total market values of goods and services by produced by workers and capital within the United States borders during a given period (usually 1 year)

Gnp

Former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr)

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