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Gross National Product
GNP Top 10 (2004) (currency exchange rate)
Country GNP ($ mill)
1 United States
10,945,792
2 Japan
4,389,791
3 Germany
2,084,631
4 United Kingdom
1,680,300
5 France
1,523,025
6 China
1,417,301
7 Italy
1,242,978
8 Canada
756,770
9 Spain
698,208
10 Mexico
637,159
Gross National Product (GNP) is the total value of final goods and services produced in a year by domestically owned factors of production.
Final goods are goods that are ultimately consumed rather than used in the production of another good. For example, a car sold to a consumer is a final good; the components such as tires sold to the car manufacturer are not; they are intermediate goods used to make the final good. The same tires, if sold to a consumer, would be a final good. Only final goods are included when measuring national income. If intermediate goods were included too, this would lead to double counting; for example, the value of the tires would be counted once when......
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Title: Gdfgdg
Approximate Word Count: 1501
Approximate Pages: 7 (250 words per double-spaced page)
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Gdfgdg
gdfgdg. Gross National Product GNP Top 10 (2004) (currency exchange rate)
Country GNP ($ mill) 1 United States 10,945,792 2 Japan ... ...



