QUESTION IMAGE
Question
- where does the united states rank among nations in gross national product?
twelfth
tenth
first
fourth
Define Gross National Product (GNP)
Using the Gross Domestic Product and Economic Development knowledge points
Gross National Product (GNP) measures the total value of goods and services produced by a nation's citizens and businesses, both domestically and abroad. Historically and currently, the United States maintains the largest national economy by nominal GDP and GNP.
Determine the global ranking of the United States
Using the Economic Development knowledge point
The United States has consistently held the top position (ranked first) globally in terms of nominal Gross National Product (GNP) and Gross Domestic Product (GDP) for over a century.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
- twelfth
- tenth
- first (Correct answer)
- fourth