The total volume of goods and services produced by a country each year, divided by the size of the population is called the .
A) production index
B) the net national product (NNP)
C) per capita gross national income (per capita GNI)
D) the consumer index

Question

Quizplus · Accepted Answer

Per capita gross national income (per capita GNI) measures the average income earned per person in a given country in a specified year, which is calculated by dividing the total gross national income by the population.

The Total Volume of Goods and Services Produced by a Country