3 Questions
What are some measures of national income and output used in economics?
Gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income (NNI adjusted for natural resource depletion)
How is the boundary of an economy usually defined?
By geography or citizenship
What is the purpose of national accounts?
To estimate the total production of goods and services in a country or region
Test your knowledge of national income and output measures in economics with this quiz. Learn about GDP, GNP, NNI, and NNI adjusted for natural resource depletion.
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