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A Project of The Annenberg Public Policy Center

Biden’s Twist on U.S. Economy

Biden’s Twist on U.S. Economy

Biden twisted international data on economic growth when he said the U.S. is “the only country in the world expected to continue to grow.”

GDP vs. GNP

Q: What is the difference between GDP and GNP?
A: GDP is the market value of everything produced within a country; GNP is the value of what’s produced by a country’s residents, no matter where they live.