About this document
Understanding National Income Metrics by Seema Jaiswal is a document available to read on EtoBox.
The document defines key macroeconomic concepts related to national income including GDP, NDP, GNP, NNP and their calculations. It also discusses real vs nominal national income and interest rates. Price indices and inflation rates are explained using examples. GDP deflator is introduced as a comprehensive measure of inflation. Purchasing power parity income is defined. Finally, the human development index is summarized as a composite index that measures health, education and standard of living outcomes.
- Author
- Seema Jaiswal
- Language
- EN