Question
Which construct in National Income Accounting is called National Income and how is it arrived at from Gross Domestic Product (GDP) of a country? Does
Which construct in National Income Accounting is called National Income and how is it arrived at from Gross Domestic Product (GDP) of a country? Does GDP adequately represent the 'purchasing power' 'welfare' and ' happiness' of a country? If not, give three indices which try to capture these.
please answer asap
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Cambridge International AS And A Level Economics Coursebook
Authors: Colin Bamford, Susan Grant
3rd Edition
1107679516, 978-1107679511
