gross domestic product

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gross domestic product:

see gross national productgross national product
(GNP), in economics, a quantitative measure of a nation's total economic activity, generally assessed yearly or quarterly. In estimating the GNP, only the final value of a product is counted (e.g., automobiles, but not the steel that they contain).
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gross domestic product

the total value of all goods and services produced domestically by a nation during a year. It is equivalent to gross national product minus net investment incomes from foreign nations
References in periodicals archive ?
Mechatronics uses the synergistic combination of mechanical precision engineering, electronic control and understanding of the system in the design stage to obtain a compact and economic product.
In addition, a presentation of Travel Michigan's strategic plan and a line-up of workshops and sessions including Marketing Michigan's Creative Class, Developing the Cultural Economic Product, Exploring the International Connection, Developing Non-Traditional Partnerships, Working with the Travel Media, and Connecting with Your Legislator round out the conference.
The company's core strength is identifying simple economic product solutions to improve patient treatment and patient comfort.
The company will be recording deferred revenues and deferred costs of revenues on its balance sheet, and amortizing them into earnings on a straight-line basis over the estimated economic product life.
The company will be recording deferred revenues and deferred cost of revenues on its balance sheet, and amortizing them into earnings on a straight-line basis over the estimated economic product life of 24 months.
Tested and endorsed by Logan University College of Chiropractic, this simple and economic product substantially reduces lower-back pain caused by upright sitting.
As we look forward into 2000 the mPhase TRAVERSER(TM) Digital Video and Data Delivery System (DVDDS) will be the first reliable and economic product on the market capable of delivering high-speed Internet access, digital television programming and standard voice telephony, all over existing copper wires.
Does this economic product make sense, especially for the intended audience?
The company records deferred revenues and deferred cost of revenues on its balance sheet, and amortizes them into earnings on a straight-line basis over the estimated economic product life.
However, economic product categories are majorly secured with the conventional authentication technologies such as holograms, inks and dyes.
In a statement to the Saudi Press Agency (SPA) following the inauguration ceremony of the project, he said that the International Council of Dates would serve the sector of dates as an agricultural economic product, urging the interested people in the economies of growing date palms in the Kingdom to give more attention and care for dates industry and raise their marketing locally and abroad.
However, the value of an education is diminished if it produces a marketable economic product without having nurtured the student's potential, strength and natural drives.