In other words, many citizens work abroad. They send income to their families back home, supporting their well-being. So, they may still enjoy prosperity even though the economy in their home country is sluggish. But, GNI also has weaknesses. Say, your income increases and you buy a car from a domestic manufacturer.
The money you spend is a source of income for the car manufacturer. You are welcome to learn a range of topics from accounting, economics, finance and more. We hope you like the work that has been done, and if you have any suggestions, your feedback is highly valuable. Let's connect! All Chapters in Economics. Understanding National Accounts Publication Your selection for sharing:.
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