JC Development Studies 524 Practice Questions - Eswatini Junior Certificate - Development Studies (Subject Code 524) Exam

How does Gross Domestic Product (GDP) differ from Gross National Income (GNI)?

GDP measures production within a country’s borders; GNI measures income earned by a country’s residents, including net income from abroad GDP counts only farming; GNI counts only factories GDP excludes all services; GNI includes only government salaries GDP is calculated only every ten years; GNI is calculated daily

Correct Answer:

GDP measures production within a country’s borders; GNI measures income earned by a country’s residents, including net income from abroad

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