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Economics A Level

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Question:

What does 1. GNI 2. GNP Measure?

Author: go kys



Answer:

-GNI [Gross National Income] is GDP + Net Income from Abroad - which is Earned on Investment and other assets owned Abroad, Minus any Income earned by Foreigners on Investments Domestically -Gross National Product is the Total Output of the Citizens of a Country, Resident or not.


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go kys
go kys