Question

difference between Gdp,GNI,real income per capital

Answer 1

GDP measures the value of goods and services produced within a country's borders, by citizens and non-citizens alike. GNP measures the value of goods and services produced by only a country's citizens but both domestically and abroad. GDP is the most commonly used by global economies.

$\\ \\ \\ \\ \\ \sf \colorbox{gold} {\red(ANSWER ᵇʸ ⁿᵃʷᵃᵇ⁰⁰⁰⁸}$

Answer 2

GDP

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period. As a broad measure of overall domestic production, it functions as a comprehensive scorecard of a given country’s economic health.