GNP is the preferred method of calculating national income and output.

Name: GNP is the preferred method of calculating national income and output.
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Gross Domestic Product (GDP) is the preferred method of calculating national income and output. Gross National Product (GNP) is less commonly used because it includes income generated by a country's citizens and businesses abroad, which may not accurately reflect the domestic economy.

GNP Is the Preferred Method of Calculating National Income and Output