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Meaning of gross national income | Babel Free

Noun CEFR C1

Definitions

A more recent designation for gross national product, the total market value of all the goods and services produced by a nation.

uncountable, usually

Equivalents

Examples

“The key issue has been that a nation's income, as measured by gross national income (GNI), does not account for all the resource costs that are attributable to the production of goods and services during a given accounting period, […]”

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

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