Gross national income (GNI) is…
A) The value of all domestic production, plus income from the international production activities of national companies abroad (in a given year) ;
B) The least preferred measure of the World Bank.
C) The value of all final goods and services produced within a nation, plus the income earned by its citizens abroad, minus the income earned by foreigners from domestic production
D) The total market value of all final goods and services produced and sold within a country; equal to total private consumption, investment, and government spending, plus net exports (the value of exports minus the value of imports) in a given year.
Correct Answer:
Verified
Q10: A country's economic size provides a strong
Q11: Economic factors when used as the basis
Q12: The main features of a planned economy
Q13: Inflationary pressures in general have an adverse
Q14: Various types of labour-related cost that exert
Q15: The balance of payments is _ (select
Q16: Potential impact of inflation on global factory
Q18: Changes in the value of a currency
Q19: When a government or central bank determines
Q20: Where a group of countries share a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents