Assertion: factor income | /r/ObjectUse | used in macroeconomic analysis
Facets:
value: most commonly
type: DEGREE
Source sentences:
text: Factor income is most commonly used in macroeconomic analysis, helping governments to determine the difference between gross domestic product (GDP) and gross national product (GNP).
text: Factor income is most commonly used in macroeconomic analysis, helping governments to determine the difference between gross domestic product (GDP), the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period, and gross national product (GNP), an estimate of the total value of all the final products and services turned out in a given period by the means of production owned by a country's residents.