The National Income Accounting System questions

Anonymous
timer Asked: Feb 20th, 2019
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Question Description

Topic#-The National Income Accounting System

(1a)What is the concept of a nation’s national income accounting system?

(1b)State and explain any three (3) objectives of the national income accounting system in a nation’s economy

(1c)What is the importance of consumption expenditures and investment expenditures in a nation’s national income accounting system?

Tutor Answer

agneta
School: UT Austin

Attached.

Running head: THE NATIONAL INCOME ACCOUNTING SYSTEM

The National Income Accounting System
Student’s Name
Institutional Affiliation
Date

1

THE NATIONAL INCOME ACCOUNTING SYSTEM

2

(1a) What is the concept of a nation’s national income accounting system?
National income accounting is the system of keeping financial records that the government
uses to estimate the level of economic activities within the country over a given period. The main
aim of national income accounting is to estimate the performance of the economy as well as
providing information of where money is bein...

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Anonymous
awesome work thanks

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