Consider the following statements: 1. GDP is the total money value of all final goods and services produced within the geographical boundaries of the country during a given period of time. 2. GNP refers to the money value of total output or production of final goods and services produced by the nationals of a country during a given period of time Which among the above statements is / are correct?

Consider the following statements: 1. GDP is the total money value of

1.	Consider the following statements: 1. GDP is the total money value of all final goods and services produced within the geographical boundaries of the country during a given period of time. 2. GNP refers to the money value of total output or production of final goods and services produced by the nationals of a country during a given period of time Which among the above statements is / are correct?
A.	1 only
B.	2 only
C.	1 and 2
D.	Neither 1 nor 2
Answer» D. Neither 1 nor 2