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Gross national product
GROSS NATIONAL PRODUCT

Definitions:

i. The total value of all the goods and services produced by a country in one year, including the total income from foreign countries.

ii. (economics) The total market value of all goods and service produced by a nation's economy in a given period, usually a year.
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* All nine elements should be in.


1. Purposeful and necessary to know total value.

2. Returns used are complete and well certified.

3. Filing of return was timely or promptly done.

4. Data provided are correct or right; suitable.

5. The 'invisibles' are captured (to emphasize).

6. Year in focus didn't experience price fixing.

7. Foreign components complied with local rules.

8. Compilation is not manipulated by economists.

9. Serves purpose(s) if rightly and timely used.



See perfect TOOL (2).
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See perfect REBASING.
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See perfect PLAN (1).

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