Money making

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Title: Money making

Essay Details:

Subject: Business

Author: Margarita B

Date: March 5, 2015

Level: University

Grade: B

Length: 6 / 1576

Essay text:

What are two aspects of the economy that GDP measures: 1) Performance 2) General Wealth 1. What are five measures of national income: 1) Gross National Product 2) Net national income 3) National income 4) personal income 5) Disposable income 2. How is Gross Domestic Product (GDP) translated into Gross National Product: All payments received outside of the United States are added and all payments made to the foreign-owned resources in the United States are Subtracted. 3. How is GNP translated into Net National Product (NNP): Capital consumption allowances are subtracted from the GNP. 4. How is NNP into National income (NI): All taxes that a business must pay as a cost of doing business, except the corporate profits tax, are subtracted...

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