Posted on Leave a comment

GNP – gross national product

GNP is the GDP plus net factor income from abroad.

The GDP of a nation together with any money earned from investment abroad, less the income earned within the nation by non-nationals. compare with GDP. GNP per capita is calculated as GNP/population and is usually expressed in US dollars. It may be used as an indicator of development. In the mid-1990s, a per capita GNP figure of $10000 would indicate a more developed country, while for a least developed nation, the figure would be around $600. GNP is an imperfect measurement of a nation's economy because certain forms of production, especially subsistence production, are not recorded.

Posted on Leave a comment

GDP – gross domestic product

gross domestic product
n. (Abbr. GDP)

The total market value of all the goods and services produced within the borders of a nation during a specified period. 

Continue reading GDP – gross domestic product

Posted on Leave a comment

POP (Post Office Protocol)

What is POP, and how do I use it?

POP, or Post Office Protocol, lets you download messages from mail servers onto your computer so you can access your mail with a program like Microsoft Outlook Express or Netscape Mail, even when you aren't connected to the Internet.