GNDI is a superior measure of a nation's welfare because it considers net foreign factor earnings and other sources of income available to the population. The GNDI identity equation is as follows:
A) Y = GNDI = consumer production + capital goods (business investment) + government + net exports.
B) Y = GNDI = GNI + NUT.
C) Y = GNDI = wages + profits + interest + rental income + net foreign factor income.
D) Y = GNDI = foreign aid + income from outsourcing + returns on foreign investment.
Correct Answer:
Verified
Q47: GDP is measured by:
A) examining how much
Q48: (Table: Hypothetical Canadian National Income and Product
Q49: The difference between Irish GDP per capita
Q50: According to the article on the generosity
Q51: In the United States, during the period
Q53: (Table: Hypothetical Canadian National Income and Product
Q54: When measuring GNI in an open economy,
Q55: When analyzing economic situations in an open
Q56: The relationship between GNI and GDP is:
A)
Q57: The difference between gross national income and
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