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It's National Income.

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Melyssa Goodwin

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Q: The total amount of money earned by a country in a specific time period.?
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What are the examples of stock variable and flow variable?

A stock variable measures a variable at a specific point in time, for example the amount of foreign direct investment at the moment in a specific country. This variable is only denominated in terms of a currency. A flow variable on the other hand looks at the measure of a variable over a period of time, for example the GDP of a country as this variable looks not only at a fiscal amount but also also a time amount (in this case the amount of money spent in the economy over the course of a year).


Which terms means the amount by which government revenues are more than government spending during a specific period?

It is nothing but a surplus state of economy in the country which is being the desired state in the minds of classical economists.


A limit on the amount of a particular good that may be imported into a country during a given period of time?

Import quota


What type of trade restriction that limits the amount of a particular good that may be imported into a country during a given period of time?

import quota


What is the definition of GDP and GNP?

A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.A country's Gross Domestic Product, or GDP, is the amount of goods and services, measured at market prices, produced within the country during a particular time period (usually a year). Gross National Product, or GNP, is the amount of goods and services produced by residents of a country, regardless of where that production takes place.Remember, GDP concern is BORDER, whereas GNP concern is PRODUCER.

Related questions

The total amount of money earned by a country in a specific time period?

It's National Income.


What does total sale mean?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


What does total sales means?

Total sales means the total amount of revenue earned by business by selling goods or providing services to customers in any specific period.


What is income balance?

the income balance is the amount of income earned at the end of the accounting period.


What is total amount earned by the employees in a pay period is called?

gross pay


What measures the amount of rain that has fallen over a specific period of time?

precipatation


The measure of the amount of output produced over a specific period of time?

productivity .


What is off invoice amount?

The amount which is reduced to a retailer in return of purchasing specific quantities of goods in a specific period of time to increase the volume of sale to the retailer.


What is meant by the term compound interest?

Compound interest means that the amount of interest earned during a period increases the principal, which is then larger for the next interest period.


What is a drug general definition?

any substance used in a specific amount for a specific period of time for the benefit of the body is drug.


Is a document that allows a traveler to stay in a country for a specific period of time?

Visa


When the amount earned on a deposit has become part of the principal at the end of a specified time period the concept is called?

compoind interest