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You mean the Gross National Product(GNP)?
by javitury 9y ago
You mean the Gross National Product(GNP)?
- gozur88 9y agoThat's what they used in the US when I was a kid. There are some legitimate-sounding reasons to switch to GDP instead, but I think the real reason was GNP turned negative.
- dragonwriter 9y ago> There are some legitimate-sounding reasons to switch to GDP instead, but I think the real reason was GNP turned negative. GNP never turned negative. If you mean GNP growth rate turning negative, well, if you look at real GNP and real GDP historical charts, the places where GNP growth goes negative line up pretty much with those for GDP growth, though GDP tends to have lower peak and higher trough levels.