Answer to Question #154701 in Macroeconomics for Abdullah

Question

If a person have two nationality so how calculated his GDP And GNI?

What both country Calculation his Income in GDP AND GNI?

Answer 1

Gross domestic product is a measure for the value of goods and services produced within a given geographical location usually a country in a given period of time usually one year. The measure uses national output,income and expenditure as the measurements to get the gross domestic product of the country. Therefore the gross domestic product of the person will be calculated will in the country where the citizen is at that time.

Gross national income refers to measure of the value of the goods and services produced by a country's individuals It includes all the income earned by it's residents, businesses and foreign sources earnings. Therefore the two countries where the individual holds citizenship will agree where the gross national income of the person will be calculated or it is calculated in both countries