The national income statistics are important to any government, including the government of Ghana.
The national income statistics measure the production of goods and services within the country, or by nationals from the country.
There are three important measures that are obtained from national income statistics:
Gross National Product (GDP): values the amount of goods and services produced domestically (in this case, whithin Ghana), in a given yar.
Gross National Product (GNP): values the amount of goods and services produced by Ghanian citizens, whether they live in Ghana or abroad. This measure is very important because there are many Ghanians living in other countries
Net National Product (NNP): It is equal to gross national product minus depreciated assets. This measure is important because it helps the Ghanian government see which investments are actually productive, and not just replacement investments for depreciated assets.
Partnerships are at an advantage over a sole proprietorship in terms of raising money. While a sole proprietorship only has the money from the proprietor, a partnership has money from all of the partners.
Due to weather disruptions in agricultural areas , farms would be negatively affected and this would reduce supply. If supply is reduced, the supply curve shifts inward. This would lead to an increase in equilibrium price and a reduction in equilibrium quantity
"Credit" is the one among the following choices given in the question that <span>is an agreement between a consumer and lender to borrow money and pay it back in increments. The correct option among all the options that are given in the question is the first option or option "A". I hope the answer has helped you.</span>
