Why do national-income accountants compare the market value of the total outputs in various years rather than
Question:
Why do national-income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production? What problem is posed by any comparison over time of the market values of various total outputs? How is this problem resolved? LO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Economics Principles Problems And Policies
ISBN: 9780073511443
19th Edition
Authors: Campbell Mcconnell ,Stanley Brue ,Sean Flynn
Question Posted: