>8 The Data of Macroeconomics Calculation of gDP ) Final goods(no intermediate goods, value added) x 2) Domestically produced x *Gross National Product (GNP Total income earned by the nation's factors of production, regardless of where located 3)Used goods(not included) t 4) Inventories sold GDP: go bad lose valueThe Data of Macroeconomics Calculation of GDP 1) Final goods (no intermediate goods; value added)  2) Domestically produced  *Gross National Product (GNP) Total income earned by the nation’s factors of production, regardless of where located 3) Used goods (not included)  4) Inventories sold → GDP; go bad → lose value