Why don't economists have an accurate measure of potential income?

Economics
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Why don't economists have an accurate measure of potential income?

Aug 30th, 2015

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The reason why its not possible to have an accurate measure of potential income is because the sources  of these income are not fixed and the amount keeps on varying. Their outcome is unpredictable since they depend on natural factors  as well as man made factors which can not be predefined or determined. There is uncertainty in the factors of production which lead to the income.

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Aug 30th, 2015

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Aug 30th, 2015
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