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What Is GNP?

2010/5/20 18:06:00 30

What Is GNP? Gross National Product?

GNP: gross national product (Gross National Product), the sum of market value of final products (including labor services) produced by a country within a year, referred to as GNP, is the most important component of national income accounting.
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What Is CPI?

CPI: Consumer Price Index, abbreviated as CPI, is a price change indicator that reflects the price of products and services related to residents' lives. It is usually used as an important indicator to observe the level of inflation. If the consumer price index increases too much, it shows that inflation has become an unstable economic factor. The central bank will have the risk of tightening monetary policy and fiscal policy.