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    Principles of Economics Study Set 11
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    Exam 19: Introduction to Macroeconomics and Gross Domestic Product
  5. Question
    Explain the Difference Between Gross Domestic Product (GDP)and the Older
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Explain the Difference Between Gross Domestic Product (GDP)and the Older

Question 121

Question 121

Essay

Explain the difference between gross domestic product (GDP)and the older concept of gross national product (GNP).

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The difference is in the treatment of co...

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