contestada


Explain why we cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all
businesses in the country. Give appropriate reasons for your answers.

Respuesta :

Answer: See explanation

Explanation:

Gross national income (GNI), is simply refered to as the amount of money that the people and businesses of a particular country earns for the year. It is calculated as the addition of the gross domestic product (GDP) of w country plus the net income from abroad.

We cannot calculate a country's Gross National Income (GNI) simply by adding up the output of all businesses in the country because it will not take into consideration what other citizens of the country that are in other country does and this ultimately will result in a wrongful value of the GNI gotten.