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Unformatted text preview: theory, and become the last company standing. o GNP Gross National Product Sum total of all goods and services that are produced and consumed in any given country, across their international borders in a specific fiscal period. When someone says talks about GNP value, its like the final answer. Decisions must be made way before GNP value is known. GNP = Ec + I + G + S + NFI E = Sigma C = Consumption I = Capital Investment G = Government S = Savings NFI =Net Foreign Investment Characteristics that should be looked at(look for relationship between) Consumption Savings If consumers are saving, then they cant spend....
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