Show the difference between GDI and GNI
Answers
Answer:
The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country. GNP (Gross National Product) = GDP + net property income from abroad
Explanation:
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Gross domestic income (GDI) is a measure of U.S. economic activity based on all the income earned while engaged in producing all the goods, services, and anything else that constitutes that economic activity.
GNI is the total amount of money earned by a nation's people and businesses. It is used to measure and track a nation's wealth from year to year. The number includes the nation's gross domestic product plus the income it receives from overseas sources.