Gdp vs. Gnp

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Gdpnoun

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)

Gnpnoun

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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