______ is the Gross National Product.
A. The value of crops produced annually
B. The average stock price of major industries
C. The total value of goods and services produced annually
D. None of the above
Answer (2)
The total value of goods and services produce annually within the boarders of a country
Gross National Product (GNP) measures the total value of goods and services produced by a country's residents in a year, including income earned from abroad. It differs from GDP as it accounts for production by residents regardless of location. The selected option is C: The total value of goods and services produced annually.
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