Gross National Income (GNI)refers to

question 12

Multiple Choice

Gross National Income (GNI) refers to

• A)the overall output of the economy,including imports and exports.
• B)the value of imports minus exports.
• C)the relative price levels and cost of living across states.
• D)the measure of national affluence.

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Definitions:

Direct Observations

A research method where behaviors or events are watched and recorded as they naturally occur, without interference or manipulation by the observer.

Case Study

A research method involving an up-close, in-depth, and detailed examination of a subject of study (the case), as well as its related contextual conditions.

Descriptive

Pertaining to the detailed description of characteristics, behaviors, or phenomena, without making judgments or inferring causes.

Correlational Research

A research method that examines the relationship between two variables to determine if they occur together in a predictable pattern.