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Measuring Economic Conditions: GNI or GDP?
While gross domestic product (GDP) is among the most popular of economic indicators, gross national income (GNI) is quite possibly a better metric for the overall economic condition of a country whose ...
Gross domestic product plays an outsize role in how we think of what the American economy creates. It’s what the U.S. Bureau of Economic Analysis refers to as its “featured measure of production.” ...
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