write a short note on GDP growth of national income
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!!