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What measures of GNI/GDP don’t often take into account,”Gender: Researchers studying all types of societies andcultures have shown that, on average, women perform about60 percent of all the work done, and that much of this work isunpaid and in the informal economy, not captured inGNI/GDP figures. Sustainability: Oil revenues are calculated as part of GNI, butaccidents, such as the Deepwater Horizon spill in 2010
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Read moreinformal economy,”refers to work that is traded for in-kindpayments, such as food or housing
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.informal economy,”refers to work that[…]
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Read moremeasuring economic development
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Read moredisadvantages for GDP AND GNI,”1. Obscures inequality because it is an average at a national scale.2. Purchasing power of currency varies across the globe.3. Only measures the formal economy.4. Does not take into account the expense that this income can have onenvironmental sustainability, human rights
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.disadvantages for GDP AND GNI,”1.[…]
Read morepurchasing power parity (PPP),”isthe amount that the localcurrency equivalent of U.S.$1 willpurchase in a given country’seconomy
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.purchasing power parity (PPP),”isthe amount[…]
Read moregross domestic product (GDP),”measuring economic growth-is a measure used by a variety ofdisciplines that refers to the total market value of all goods and servicesproduced within a particular country’s borders. it is often measuredper capita
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Read morequarternary sector,”industry: information/servicesgoods: education, research
Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.quarternary sector,”industry: information/servicesgoods: education, research[…]
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