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In national income accounting, net national income (NNI) is net national product (NNP) minus indirect taxes. [1] Net national income encompasses the income of households, businesses, and the government.
Net national product (NNP) is gross national product (GNP), i.e. the total market value of all final goods and services produced by the factors of production of a country or other polity during a given time period, minus depreciation. [1] Similarly, net domestic product (NDP) is gross domestic product (GDP) minus depreciation. [2]
NDP: Net domestic product is defined as "gross domestic product (GDP) minus depreciation of capital", [6] similar to NNP. GDP per capita: Gross domestic product per capita is the average market value rendered per person. GNI per capita: Gross national income per capita is related to average income per person and mean income.
Net national product (NNP) is National Income plus or minus the statistical discrepancy that accumulates when aggregating data from millions of individual reports. In this case, the statistical discrepancy is US$25.6 billion, or about 0.23% of the gross domestic product.
King Charles gave an update on how he and Queen Camilla plan to add to their family while at the Royal Variety Performance.. On Monday, Nov. 18, Buckingham Palace announced that Beth, one of the ...
Tips for Making 3-Ingredient Gravy. Cook the roux. The longer you cook the flour and butter mixture, the darker in color it will get. This not only gives the gravy its golden hue, but it also adds ...
ESPN analyst Kirk Herbstreit compared Oklahoma football fans prematurely rushing the field vs. Alabama to sheep
The gross national income (GNI), previously known as gross national product (GNP), is the total amount of factor incomes earned by the residents of a country. It is equal to gross domestic product (GDP), plus factor incomes received from non-resident by residents, minus factor income paid by residents to non-resident.