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The Gross Domestic Income, or GDI, is total of all income of a country, both from services and products manufactured. It is used to evaluate economic activity based on income.

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12y ago

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What is the value of all the goods and services produced in a country called?

It's called GDP or Gross Domestic Product. At times you can also see it as GDI which is Gross Domestic Income.


What called value of all of the goods and services produced in a country?

It's called GDP or Gross Domestic Product. At times you can also see it as GDI which is Gross Domestic Income.


What is total domestic income?

A total domestic income, or Gross Domestic Income (GDI), is the total income received by all sectors of an economy within a nation which includes the sum of all profits and wages minus liabilities/subsidies.


What is the difference between GDI and GNI?

Gross Domestic Income (GDI) measures the total income earned within a country's borders, including profits and wages. Gross National Income (GNI) measures the total income earned by a country's residents, regardless of where they are located. GDI focuses on income generated within the country, while GNI takes into account income earned by residents regardless of location.


What is economic growth and why is it necessary?

Economic growth is a term to show the GDI increase. However, not everyone would consider it necessary.GDI = Gross domestic increase


What is the definition of GDP per capita?

The gross domestic product (GDP) or gross domestic income (GDI), a basic measure of a country's economic performance, is the market value of all final goods and services made within the borders of a nation in a year. see wikipedia for more detailed explaination http://en.wikipedia.org/wiki/GDP_per_capita that is the link for the page i got the definition off of


What does Gross Domestc Poduct measure?

The Gross Domestic Product does measure the income or production of a given country.


What is the gross domestic product of the Philippines for 2007?

RELATED ON NATIONAL INCOME ACCOUNTING


Compared to the US Japan's gross national income in 1960 was?

The Japan's Gross Domestic Product Per Capita in 1960 was $4,672. The United States' Gross Domestic Product Per Capita in 1960 was $13,414.


What Is The Chineese Gross National Product?

The Gross National Income of China is 9.17 trillion dollars. Their GDP or Gross Domestic Product is 4.99 trillion dollars.


What is a national income?

Besides gross domestic product, national income includes also external income, such as nation's interest rate income/expense and trade balance.


How does NDP differ from GDP?

GDP is the gross total income and NDP is the net domestic product