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10 cards from this deck
Total value of goods/services produced in an economy
Includes net income flows from abroad (remittances)
Income sent home by citizens working abroad
Average GNI per head of population
Doesn't show inequality in income distribution
Unrecorded economic activity not monitored
Exchange rates reflecting relative purchasing power of incomes
Understates real incomes/exaggerates gap with rich countries
Clean-up costs increase GNI despite reducing quality of life
Happiness increases with income but only up to a point
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