The term______________refers to all of the goods and services produced in a country within a given year,plus the net income earned outside the country by individuals and corporations.
A)gross deductible income (GDI)
B)gross exemption income (GEI)
C)gross national income (GNI)
D)gross economic income (GEI)

Question

Quizplus · Accepted Answer

Gross national income (GNI) refers to the total income earned by a country's residents and businesses, both domestically and abroad, within a given year. It includes all goods and services produced within the country, as well as net income earned from investments or businesses operating abroad.

The Term______________refers to All of the Goods and Services Produced