Which gives us the total income …

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Posted by Ainthu Hansda 5 years, 9 months ago
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Gaurav Seth 5 years, 9 months ago
The total income is the income of all the residents of a country. This total income is called the gross national product (GNP). This implies the money value of all the final goods and services produced by normal residents of a country during a period of a year. Here the term national signifies that production of normal residents of the country is to be included even if they are outside the domestic territory of country.
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