Ferndale, Ferndale, MI Real Estate & Homes for Sale Homes for Sale in Ferndale, Ferndale, MI have a median listing price of $174,900 and a price per square foot of $158. There are 33 active homes for sale in the Ferndale neighborhood, which spend an average of days on the market. Some of the hottest neighborhoods near Ferndale are Royal Oak, Berkley, Oak Park, Troy.
What is 'Gross National Product - GNP' Gross national product (GNP) is an estimate of total value of all the final products and services produced in a given period by the means of production owned by a country's residents.
Basically, GNP measures the value of goods and services that the country's citizens produced regardless of their location. GNP is one measure of the economic condition of a country, under the assumption that a higher GNP leads to a higher quality of living, all other things being equal.