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Please explain what you understand by national income accounting. What is balance of payments? Do you think a balance of payments deficit affects the macroeconomic
Please explain what you understand by national income accounting.
What is balance of payments? Do you think a balance of payments deficit affects the macroeconomic variables of a country negativity?
Is Gross Domestic Product (GDP) an appropriate measure of growth? Analysis should consider environmental management, public goods and social wellbeing.
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