• Macroeconomic Analysis
    they are abroad. e.g if a US resident made investments in Bangalore-- that goes under GNP. Goods produced by foreign-owned business on US ground is GDP. NDP is the country’s GDP minus the consumption of capital, or depreciation in regard to housing, vehicle, machines, etc. The capital consumption...
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  • National Income
    produced in an economy. The basic measures of national income include GDP, GNP, GNI, NNP and NNI. There are three approaches through which national income can be calculated including; output approach, income approach and expenditure approach. All of these approaches give the same value of the...
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  • Student
    * population – national income + population General Economics: National Income in India, Concept & Measurement 66 Question 14 • NDP can be calculated as 1. GNP – Depreciation 2. GDP – Subsidies 3. GDP – Depreciation 4. GNP – Subsidies General Economics: National Income in India...
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  • Eonomics
    receipts) Sub Total = Gross National Income (GNP) CC = Depreciation IBT = Indirect business taxes NDP = Net Domestic Product NI = National Income PI = Personal Income DI = Disposable income Note: (X - M) is often written as "NX," which stands for "Net Exports" GDP = C + I + G + (X - M) GNP = C...
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  • National Income
    GDP and NDP •  Net domestic product (NDP) – the sum of consumption expenditures, government expenditures, net foreign expenditures, and investment less depreciation. GDP,NDP and GNP •  Net domestic product is GDP adjusted for depreciation: GDP = C + I + G + (X-M) NDP = C + I + G+ (X-M...
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  • Nias1 - National Income Accounting System
    to measure the performance or progress of a country’s economy? Some of these aggregates are as follows: • • • • • • • • • • • • • • • • • Gross Domestic Product or GDP Gross National Product or GNP GDP Per Capita GNP Per Capita Net Domestic Product or NDP Net National Product or NNP NDP Per...
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  • Economics
    – Concept uses and Measurement : National Income indicator comprises GDP or GDI, NDP or NDI, GNP or GNI, NNP or NNI or National Income or NI, Per Capita Income (PCI) and Personal Disposable Income (Yd). All these indicators can be measured either on factor cost basis or on market price basis. For...
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  • Economics notes for macro eco
    final expenditure to get GDP (MP) 4. Deduct depreciation from GDP (MP) to derive NDP (MP) 5. Deduct NIT from NDP (MP) to get NDP( FC). 6. Add NFIA to NDP (FC) to get NNP (FC) Formula 1. Government final consumption expenditure. 2. Private final consumption expenditure. 3. Net Export. 4. Gross...
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  • National Income
    National Product:- In short GNP is GDP plus net factor incomes earned from abroad.  Here let us see what is net factor income or net foreign factor income with a example:- (Formally NFFI actually means the income of a business or even a nation which represents the difference between payments received...
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  • Gdp&Gnp
    CHAPTER 1: NATIONAL INCOME Learning Outcomes • Describe the contents of macroeconomics. • Explain how GDP is calculated using expenditure and income approach • Differentiate between GDP and GNP • Explain the importance and difficulties in calculating Gross Domestic...
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  • National Income Accounting
    that another GDP Vs. GNP Gross national product (GNP) refers to the output produced by domestic-owned factors of production regardless of where they’re located. Gross domestic product (GDP) refers to output produced within domestic borders. In an increasingly global economy, where factors of...
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  • The Net Domestic Products (NDP) Equals The Gross Dmestic Product (GDP)
    The net domestic product (NDP) equals the gross domestic product (GDP) minus depreciation on a country's capital goods. Net domestic product accounts for capital that has been consumed over the year in the form of housing, vehicle, or machinery deterioration. The depreciation accounted for is often...
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  • Changes in Government policy in Ireland
    growth rates, GNP, GDP figures, Unemployment statistics, Global competitive reports and other pertinent statistics. It then reviews government objectives and policies during this period. In exploring this information the essay critically examines government objectives and policy and seeks to highlight...
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  • Kkjkjkl
    + Rental income + Net Interest CCA = I gross + Inet (I= Investment) NFP = Payments of factor income to the ROW minus the receipt of factor income from the rest of the world. GDP + NFP = GNP (GROSS NATIONAL PRODUCT) Production Approach:  Market value of all final goods and services calculated...
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  • Explain 3 Ways of Measuring National Income of a Country
    Measurement of national income in an economy is very important because it gives an estimation of the welfare of the economy. National income is the total of the value of the goods and the services which are produced in an economy. The basic measures of national income include GDP, GNP, GNI, NNP and...
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  • methods for measuring national income
    –indirect taxes = National Income. 10.3.4 National Income: Some Accounting Relationships (a) Accounting Indentities at Market Price GNP ≡ GNI (Gross National Income) GDPGNP less Net Income from Abroad NNP ≡ GNP less Depreciation NDP (Net Domestic Product) ≡ NNP less net income from abroad (b...
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  • Economics
    million and the NDP was P22,434.9 million. Why is there a difference between GDP and GNP? What is the difference? 18. What accounts for the difference between GDP and the NDP? 1 ECO212 Intermediate Macroeconomics 19. Distinguish between the Gross domestic private investment and the Net...
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  • Macro Economic
    trọng của các nền kinh tế trên thế giới. • Các chỉ tiêu trong SNA: − Nhóm chỉ tiêu theo lãnh thổ đo lường mức sản xuất trên lãnh thổ 1 nước. (GDP, NDP) − Nhóm chỉ tiêu theo quyền sở hữu đo lường mức sản xuất do công dân một nước tạo ra. (GNP, NNP, NI, PI, DI) • Giá cả trong hệ thống SNA: Giá thị...
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  • Heslop Test 2 study guide
    Indicators of NIAS Study and know the definitions and differences between the following macroeconomic aggregates: (Read NIAS1) GDP and GNP GDP Per Capita and GNP Per Capita NDP and NNP NDP Per Capita and NNP Per Capita Gross Investment and Net investment Capital stock and Capital Consumption...
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  • Mehdi
    production of cars in the Honda factory in Alliston, Ontario is included in both Canadian GDP and GNP. But GNP excludes profit sent to foreign shareholders of Honda, but this profit is included in Canadian GDP. Net Domestic Product (NDP) = GNP – Depreciation = 1070–155 = 915 Net National Income at Basic...
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