It is the value of the gross national product divded by the population of any given country.
GDP = gross domestic product
Gross Domestic Product.It is the measure of economy of a country G.D.P=CONSUMPTION+INVESTMENT+GOVT SPENDING+(EXPORTS-IMPORTS)
The Gross National Product of a country is taking all the value of all services and products produces in an yearsÕ time, then minus the cost of material and labor to determine the financial worth of a countries economy.
"Domestic" refers to business within a company's home country.
National income in monetary terms refers to the total value of all goods and services produced within a country's borders over a specific period, typically measured annually. It includes various components such as wages, profits, rents, and taxes minus subsidies. This metric serves as an indicator of a nation's economic performance and overall economic health, reflecting the income earned by residents and businesses. National income can be expressed in several ways, including Gross Domestic Product (GDP), Gross National Product (GNP), and Net National Income (NNI).
GDP = gross domestic product
Gross Domestic Product.It is the measure of economy of a country G.D.P=CONSUMPTION+INVESTMENT+GOVT SPENDING+(EXPORTS-IMPORTS)
The total value of agricultural goods produced domestically (within a certain area or country).
The Gross National Product of a country is taking all the value of all services and products produces in an yearsÕ time, then minus the cost of material and labor to determine the financial worth of a countries economy.
Net Factor Income from Abroad (NFIA) refers to the net flow of property income to and from the rest of the world (net payments on income) plus the net flow of compensation of employees (net receipts on compensation). The NFIA is added to the Gross Domestic Product (GDP) to come up with the Gross National Product (GNP).Source: http://www.nscb.gov.ph/statseries/03/ss-200307-es2-01.asp
product defferentiation
what is meant by product led and market led new product developmrnt approaches?
"Domestic" refers to business within a company's home country.
the product which is made keep in mind according to the local needs of people more based on domestic purpose is known as traditional product. the product which is made keep in mind the needs of different levels people of different countries, which is more based on internationally .
the product which is made keep in mind according to the local needs of people more based on domestic purpose is known as traditional product. the product which is made keep in mind the needs of different levels people of different countries, which is more based on internationally .
National income in monetary terms refers to the total value of all goods and services produced within a country's borders over a specific period, typically measured annually. It includes various components such as wages, profits, rents, and taxes minus subsidies. This metric serves as an indicator of a nation's economic performance and overall economic health, reflecting the income earned by residents and businesses. National income can be expressed in several ways, including Gross Domestic Product (GDP), Gross National Product (GNP), and Net National Income (NNI).
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