What does GNP stand for in economic terms?

Gross National Product, or GNP, measures the total economic output of a nation's residents, regardless of the location of that production. It includes the value of goods and services produced by the residents of a country in a given time period, plus any income earned by residents from investments abroad, minus the income earned by foreign residents from domestic investments. This indicator provides insight into the economic health of a nation and reflects the productivity of its residents.

The other terms presented do not accurately define GNP. General Net Profit typically refers to a company's profitability and does not encompass the broader economic performance of a nation. Gross National Price would imply a measure of price rather than output or income, and General National Product is not a recognized economic term. Therefore, the option that correctly represents GNP is indeed Gross National Product.