gnp gross national product
1gross national product — ( GNP) Measures and economy s total income. It is equal to GDP plus the income abroad accruing to domestic residents minus income generated in domestic market accruing to non residents. Bloomberg Financial Dictionary * * * gross national product… …
2Gross National Product — Gross Domestic Product plus the income accruing to domestic residents as a result of investments abroad less income earned in domestic markets accruing to foreigners abroad. Chicago Board of Trade glossary * * * gross national product ˌgross… …
3gross national product — noun 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) (Freq. 1) • Syn: ↑GNP • Hypernyms: ↑value • Hyponyms: ↑real gross national… …
4gross national product — gross national products N VAR A country s gross national product is the total value of all the goods it has produced and the services it has provided in a particular year, including its income from investments in other countries. [BUSINESS] Syn:… …
5gross national product — gross .national product n [singular] ↑GNP …
6gross national product — gross ,national product noun uncount the total value of all goods and services produced in a country in a year, including income received from money invested in other countries. It is often simply called GNP …
7gross national product — (GNP) monetary value of all of a nation s services and goods produced in a given period of time …
8Gross National Product (GNP) Deflator — An economic metric that accounts for the effects of inflation in the current year s gross national product by converting its output to a level relative to a base period. The GNP deflator is calculated with the following formula: The GNP deflator… …
9gross national product — the total monetary value of all final goods and services produced in a country during one year. Abbr.: GNP Cf. national income, net national product. [1945 50] * * * ▪ economics total market value of the final goods and services produced by …
10gross national product — /grəυs ˌnæʃ(ə)n(ə)l prɒdʌkt/ noun the annual value of goods and services in a country including income from other countries. Abbr GNP ▪▪▪ ‘…news that gross national product increased only 1.3% in the first quarter of the year sent the dollar down …
