GNP Formula Explained | Economics 12th
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GNP Formula Explained | Economics 12th
Dive into the fundamentals of Economics with our quick guide on the Gross National Product (GNP) formula! Perfect for 12th-grade students, this video breaks down the GNP formula: $GNP = C + I + G + (X - M) + (R - P)$, explaining each component - Consumption (C), Investment (I), Government Spending (G), Net Exports (X - M), and Net Income from ...
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