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Review:

Net National Income (nni)

overall review score: 4.2
score is between 0 and 5
Net National Income (NNI) is the total income earned by a country's residents and businesses, including depreciation costs, after accounting for foreign investment and payments to other countries.

Key Features

  • Includes depreciation costs
  • Accounts for foreign investment
  • Considers payments to other countries

Pros

  • Provides a more accurate measure of a country's income compared to GDP
  • Reflects the net income available for consumption and savings within a country

Cons

  • Can be complex to calculate and interpret
  • Does not account for non-monetary contributions to well-being

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Last updated: Mon, Feb 3, 2025, 07:46:55 AM UTC