Economics

Why The Inflation Were Seeing Now Is A Good Thing?

In a new post published Monday, an MSNBC opinion columnist attempts to portray the current inflation issue as a “positive thing,” calling the coronavirus outbreak a “unlikely hero.” James Surowiecki began his column by accusing the media of fearmongering about the effects of inflation on Americans, citing a “odd” CNN segment that highlighted the impact

Why The Inflation Were Seeing Now Is A Good Thing? Read More »

Why GDP Is Greater Than GNP In Developing Countries?

Because of the large number of MNCs operating within their borders, the value of goods and services generated by them adds up to GDP in developing nations, but those foreigner incomes are removed from GDP when calculating GNP. Furthermore, because domestic enterprises in developing nations have a limited worldwide footprint, their net revenue from outside

Why GDP Is Greater Than GNP In Developing Countries? Read More »