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Definition of Gross national product
1. Noun. Former measure of the United States economy; the total market value of goods and services produced by all citizens and capital during a given period (usually 1 yr).
Exact synonyms: Gnp
Generic synonyms: Value
Specialized synonyms: Real Gnp, Real Gross National Product
Generic synonyms: Value
Specialized synonyms: Real Gnp, Real Gross National Product