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    Question

    What is Gross National Product

    (GNP)?
    A The total value of all goods and services produced within a country Correct Answer Incorrect Answer
    B The aggregate output of a country's industrial sector Correct Answer Incorrect Answer
    C The aggregate money value of all-final goods and services produced in a year, including income earned abroad Correct Answer Incorrect Answer
    D The total money value of all goods and services produced by government entities Correct Answer Incorrect Answer

    Solution

    GNP includes the personal consumption expenditures, government purchases, gross private domestic investment, and net exports.

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