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
Imputed values included in GDP are the: A) market prices of goods and services. B) estimated value of goods and services that are not sold in the marketplace. C) price of

An HMO has a point of service option for its members, but will pay only 80 percent of approved charges. If a member goes out of network for a medical procedure with a charge of $20

what are the qualitative methods of controling credit

Under what conditions does the text explain that monetary policy is neutral? If it is neutral under these conditions, why is it still an important economic policy tool? Your answer

Consider a model of Cournot competition as studied in class, with 2 firms and a linear inverse demand function P(Q) = a - Q (where Q = q 1 + q 2 is the total quantity produced by

An economy shows the following features C=50+0.9(Y-T) T=100 I=100-5i G=100 L=0.2Y-10i M/P=100 X=20 M=10+0.1Y a)Obtain the IS and LM for this economy b)Find out the equilibrium inc

1. Kuhn - Tucker Conditions  Max 2x + 3y  s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 2. Max (8 + x)(8 + y)  s.t. pxX + pyY ≤ M. x ≥ 0, y ≥ 0 Utility function 3. U(x, y)

Cost Reduction Positive measures to effect a lowering of costs include:  reducing national insurance contributions (an  ad valorem  tax on employing labor);

Q. Define the Real wage? Consider the following scenario. You work full time and during January 2008 you make 2000 euro after tax. A certain basket of goods and services costs

State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod