This Web book is based on public domain material provided by the US government and is available in several versions. See the editorial for more information.
The gross national product (GNP) is obtained by adding GDP (q.v.) and the income
received from abroad by residents less payments remitted abroad
to nonresidents. GNP valued at market prices was used in this
book. Real GNP is the value of GNP when inflation has been taken
into account.