Q.

Gross National Product is the money measure of -

A. all tangible goods produced in a country
B. final goods and services produced in the economy
C. services generated annually in the economy
D. all tangible goods available in the economy
Answer» B. final goods and services produced in the economy
Explanation: Gross national product (GNP) is the market value of all products and services produced in one year by labour and property supplied by the residents of a country. It is the total value of all final goods and services produced within a nation in a particular year, plus income earned by its citizens (including income of those located abroad), minus income of non-residents located in that country.
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