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Message: <blockquote data-quote="SANI99" data-source="post: 12408374" data-attributes="member: 396535"><a href="http://www.investorwords.com/2247/Gross_National_Product.html" target="_blank">Gross National Product</a>. GNP is the <a href="http://www.investorwords.com/11320/total.html" target="_blank">total</a> <a href="http://www.investorwords.com/5209/value.html" target="_blank">value</a> of all <a href="http://www.investorwords.com/9693/final.html" target="_blank">final</a> <a href="http://www.investorwords.com/2209/goods.html" target="_blank">goods</a> and <a href="http://www.investorwords.com/6664/service.html" target="_blank">services</a> produced within a nation in a particular year, plus <a href="http://www.investorwords.com/2400/income.html" target="_blank">income</a> earned by its citizens (including <a href="http://www.investorwords.com/10004/incoming.html" target="_blank">income</a> of those located abroad), minus income of <a href="http://www.investorwords.com/10429/non_resident.html" target="_blank">non-residents</a> located in that country. Basically, GNP measures the value of goods and services that the country's citizens produced regardless of their location. GNP is one measure of the <a href="http://www.investorwords.com/1639/economic.html" target="_blank">economic</a> <a href="http://www.investorwords.com/6456/condition.html" target="_blank">condition</a> of a country, under the <a href="http://www.investorwords.com/305/assumption.html" target="_blank">assumption</a> that a higher GNP <a href="http://www.investorwords.com/13490/leads.html" target="_blank">leads</a> to a higher <a href="http://www.investorwords.com/3994/quality.html" target="_blank">quality</a> of living, all other things being equal. </blockquote>

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