All categories

3 years ago

How does gross domestic product (GDP) differ from gross national income (GNI)?

2 answers:

6 0

The correct answer for the question that is being presented above is this one: "C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders." The gross domestic product (GDP) differ from gross national income (GNI) is that <span>C.GDP is used by NASA to measure eroding coastlines, while GNI is used by the FBI to monitor criminal activity across borders. </span>

FinnZ [79.3K]3 years ago

6 0

Answer:

The correct answer is option D.

Explanation:

Gross domestic product measures the value of final goods and services produced within the borders of an economy in a given period. It includes consumption expenditure, investment expenditure, government expenditure, and net exports.

While the gross national income measures the value of final goods and services produced within the borders of an economy in a given period and the net factor income from abroad.

You might be interested in

On December 30, Year 12, AGH, Inc. purchased a machine from Grant Corp. inexchange for a zero-interest-bearing note requiring ei

andrey2020 [161]

Answer:

$329,840

Explanation:

Calculation to determine the net note payable to Grant

Net note payable to Grant=$70,000 × 4.712

Net note payable to Grant= $329,840

Net note payable to Grant= ($70,000 × 5.712) – $70,000

Net note payable to Grant= $329,840

Therefore On AGH's December 31, 2017 balance sheet, the net note payable to Grant is:$329,840

6 0

3 years ago

The depositors of JS bank were worried that the value of this bank's assets was less than the value of its liabilities, so the

MissTica

This expanding panic and rising flood of withdrawals is called Bank Run.

<u>Explanation: </u>

Bank run means many customers of the bank withdraw their deposits due to the fear that the bank might become insolvent. When many customers withdraw their funds then the bank might not be able to meet the withdrawals with the available funds.

This further increases the risk of the bank to default when all the customers withdraw their deposits. This is because the banks hold only little amount as cash in hand while the rest of the bank's wealth is invested in long term assets.

3 0

3 years ago

How can networking with friends colleagues or members of an organization helping to get to where you want to be

storchak [24]

It gives you a map so that you can find where u are going

3 0

3 years ago

Once Miracle learned of the competing printer and adjusted the expected future cash flows from its original patent, was this as

Darya [45]

Answer:

(a) Entry for purchase of patent :

Patent a/c debit $600,000.

To Cash / Bank A/c. $600,000.

(b) Amortisation : (legal protection for 20 years) >> 600,000/20 = 30,000 per annum

Amortisation expenses -Patents $30,000

To Patents account $30,000

To Patents account 270,000

(Value of patents at end of 4 years = 600000-120000=480,000)

Expected future value = 210,000

Impairment = 480,000-210,000=270,000

7 0

3 years ago

The slope of a curve is defined as the upper delta upper yδy divided by the upper delta upper xδx . (assume the y values are on

Fantom [35]

Explanation:

The cost function for this industry is given by,

$TC = FC + VC*Q$

$TC = $250 + $50(Number of hours used)$

When it is used for full 8 hours, total cost is

$TC= 250 + 50(8) = 250 + 400 = $650$

When it is used for 7 hours, TC is $600.

When it is used for 6 hours, TC is $550

When it is used for 5 hours, TC is $500.

When it is used for 4 hours, TC is $450.

When it is used for 3 hours, TC is $400.

When it is used for 2 hours, TC is $350.

When it is used for 1 hours, TC is $300.

When it is used for 0 hours, TC is $250.

Thus, the cost curve will look like the diagram given below.

7 0

4 years ago