. More specifically, GDP represents the monetary value of all goods and services produced within a nation's geographic borders over a specified period of time.
             The components used to calculate GDP include: Personal Consumption: (Durable goods, Nondurable goods), Government Expenditures (Defense, Roads, and Schools), Investment Spending (Nonresidential, Residential & Business inventories), and Net Exports (Exports are added to GDP while Imports are deducted from GDP).
             A common equation used to calculate GDP is as follows:
             GDP = Consumption + Government Expenditures + Investment +Exports – Imports
             Gross National Product (GNP) is the total value of final goods and services produced in a year by a country's nationals (including profits from capital held abroad). Final goods in GDP are goods that are ultimately consumed rather than used in the production of another good.
             GDP is just one way of measuring the total output of an economy. Gross National Product, or GNP, is another method. GDP, as said earlier, is the sum value of all goods and services produced within a country. GNP narrows this definition a bit: it is the sum value of all goods and services produced by permanent residents of a country regardless of their location. The important distinction between GDP and GNP rests on differences in counting production by foreigners in a country and by nationals outside of a country. For the GDP of a particular country, production by foreigners within that country is counted and production by nationals outside of that country is not counted. For GNP, production by foreigners within a particular country is not counted and production by nationals outside of that country is counted. Thus, while GDP is the value of goods and services produced within a country, GNP is the value of goods and services produced by citizens of a country.
             Investors need to be mindful of the difference between Gross National Product (GNP) and Gross Do...