National income accounts of the type discussed in question 2 above are said to measure the flow
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National income accounts of the type discussed in question 2 above are said to measure the ‘flow’ of income or expenditures of a nation in given year. Why is the term ‘flow’ significant? Explain.
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The term flow in the context of national income accounts is significant because it refers to the dynamic and continuous nature of economic activities ...View the full answer
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Principles Of Environmental Economics And Sustainability
ISBN: 9780415676915
3rd Edition
Authors: Ahmed Hussen
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