write a short note on GDP growth of national income
Answer (1)
2nd Feb, 2022
Hello candidate,
1. First of all, the Gross National Income (GNI) is the total amount of money earned by a nation's people and businesses.
2. Secondly, The more widely known term GDP is an estimate of the total value of all goods and services produced within a nation for a set period, usually a year.
3. Moreover, The gross domestic product (GDP) growth rate measures how fast the economy is growing. The rate compares the most recent quarter of the country's economic output to the previous quarter . Economic output is measured by GDP.
Hope you found it informational!!
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