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5.1 Measuring the size of the economy: gross domestic product  (Page 19/29)

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  • Card 19 / 29:
    gross national product (GNP)

    includes what is produced domestically and what is produced by domestic labor and business abroad in a year

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Practice FlashCards 8 Key Terms 16

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Source:  OpenStax, University of houston downtown: macroeconomics. OpenStax CNX. May 28, 2014 Download for free at http://legacy.cnx.org/content/col11653/1.3
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