Lesson 60 Flashcards
1
Q
GNI
A
gross national income
2
Q
GNI includes net …
A
net flow of incomes
3
Q
Net flow of incomes
A
Money being sent to relatives in poorer countries
4
Q
Purchasing power parity
A
a UN mechanism
designed to reflect the purchasing power of countries more accurately
5
Q
Informal sector
A
foreign exchange dealers in Nigeria
6
Q
Things that impact standard of living not accounted for in GNI?
A
knowledge
health + education
environmental issues
