National income Flashcards
1
Q
GDP
A
Output
2
Q
GNP
A
Output+ (net property income from abroad)
3
Q
NI
A
Output+ (net property income-capital depreciation)
4
Q
HDI
A
Education, income and LE
5
Q
PPP
A
Purchasing power parity
6
Q
ISEW
A
Index of sustainable economic welfare (accounts for inequality, environment and future depreciation of capital)
7
Q
Which country has 8th largest HDI
A
USA