--%>
Assignment Help - homework help

Elucidate GNI per capita

Elucidate GNI per capita?

E

Expert

Verified

A evaluate of the wealth is earned by nations through economic acts all around the world.

Gross National Income consists of the total value of goods and services produced in a country (that is, its Gross Domestic Product), mutually with its income obtained from other countries (or notably interest and dividends), and less similar payments made to other countries. It is also termed as GNP.

GNI = Gross Domestic Product + Net property income from abroad.

   Related Questions in Microeconomics

  • Q : Monopsonistic exploitation- contracts

    The labor union contracts, a comparable worth rule, or minimum salary laws might boost up equilibrium employment when a firm has been practicing: (v) Price discrimination. (w) Monopolistic exploitation. (x) Feather-bedding. (y) Blacklisting. (z) Monopsonistic exploita

    		•
  • Q : Higher labor force participation rate

    Poverty stricken families are seldom described by: (w) a female headed household. (x) higher labor force participation rates. (y) more frequent illnesses. (z) higher birth rates and more children. Hey friends pleas

    		•
  • Q : Spending pattern for maximizing utility

    The consumer maximizes utility if spending patterns cause: (1) Level of net utility to increase each time purchases are modified. (2) Marginal utilities of each and every good consumed to be equivalent. (3) Principle of corresponding marginal utilities per dollar to b

    		•
  • Q : Unitarily price elastic while small

    When small raises or decreases within the price of generic bananas do not influence the total sales revenue from bananas, in that case the market demand for generic bananas is: (i) perfectly price elastic. (ii) perfec

    		•
  • Q : Scope of Economies I have a problem in

    I have a problem in economics on Scope of Economies. Please help me in the following question. Whenever the production of one good (example: milk) decreases the production costs of complementary products (that is, butter and cheese), a firm is capable

    		•
  • Q : Determine total costs by

    Hey guys I need your idea for this query regarding the total costs as illustrated graph that this profit-maximizing pure competitor’s total cost (TC) equals area as: (w) 0Phq2. (x) 0bgq2. (y) 0aeq1. (z) daef.

    Q : Problem regarding borrowing from

    The main source of external funding employed when major American corporations contain expanded their operations in the precedent three decades has been: (1) Borrowing from commercial banks. (2) Selling the record amounts of latest corporate stock. (3) Borrowing via is

    		•
  • Q : Profits of monopoly firm A monopoly

    A monopoly firm's profits: (w) equal only normal profits in long-run equilibrium. (x) may be whatever level the firm wishes. (y) are maximized where MC = MR. (z) tend to be lower than that of pure competitors. Hell

    		•
  • Q : Aggregate demand curve Choose the right

    Choose the right answer from following. The aggregate demand curve is: A) vertical if full employment exists. B) horizontal when there is considerable unemployment in the economy. C) downsloping because of the interest-rate, real-balances, and foreign purchases effect

    		•
  • Q : What is technological advance Broadly

    Broadly defined, technological advance: A) can occur in either the short run, long run, or very long run. B) comprises new and improved goods and services and new and improved ways of producing or distributing them. C) includes invention, but not innovation or diffusi

    		•