Which of the following measures the total annual income received by residents of a country and is regarded as a yardstick for the economic activity of a country?
A)income elasticity of demand
B)cash reserve ratio
C)net cash flow ratio
D)gross national income
E)income equity ratio

Question

Quizplus · Accepted Answer

Gross national income (GNI) measures the total annual income received by residents of a country, including income generated abroad. It is often used as a metric to assess the economic activity and well-being of a country. Choices A, B, C, and E do not measure the total annual income of a country or its economic activity.

Which of the Following Measures the Total Annual Income Received