Th2.1: Other National Income Measures Flashcards
1
Q
What does GNI stand for?
A
Gross National Income
2
Q
What does GNP stand for?
A
Gross National Product
3
Q
Define GNI
A
the value of goods and services produced by a country over a period of time plus net overseas interest payments and dividends
4
Q
Define GNP
A
the value of goods and services over a period of time through labour
OR
property supplied by citizens of a country both domestically (GDP) and overseas
