How do you explain gni per capita, Macroeconomics

To determine of the wealth is earned by nations by economic activates all around the globe.

Gross National Income comprises the total value of goods and services formed within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), and less same payments made to other countries. It is also called as GNP.

It can be calculated as follows:

GNI = Gross Domestic Product + Net property income from abroad.

 

Posted Date: 4/1/2013 3:40:04 AM | Location : United States







Related Discussions:- How do you explain gni per capita, Assignment Help, Ask Question on How do you explain gni per capita, Get Answer, Expert's Help, How do you explain gni per capita Discussions

Write discussion on How do you explain gni per capita
Your posts are moderated
Related Questions

The project has been split into four main chapters; literature review, data and methodology, results and a conclusion. The appendix contains the estimated tables and graphs, of whi

Q. What is national income? What are the different methods of measuring national income? National income is the aggregate money value of the annual flow of final goods and serv

Q. Overnight interest rates targets and money supply? There are many ways to explain the significant connection between overnight interest rate target and money supply. We will

Macroeconomic performance The UK's future macroeconomic performance must be judged on how average living standards improve, inflation is kept under control, economy grows and

What are UN Millennium Development Goals? The UN Millennium Development Goals (MDGs): These are a set of objectives shared through the IMF, the OECD and the World Bank (WB)

Gasoline, insurance, depreciation, and repairs are all costs of owning a car. Which of these can be considered opportunity costs in the context of each of the following decisions?

(Effects of Fiscal Policy) Recently some legislators have called for tax increases to reduce the federal budget deficit. Conservatives have countered that such tax increases could


explain the profit maximizing/loss minimizing rule may be applied under the 3 scenarios