Discuss the limitations of national income accounting


Questions:

1. Why do total leakages and total injections have to be equal?

2. Why does investment spending not equal saving in the circular flow?

3.Discuss what is, and what is not, included in calculating GDP

4.Discuss the limitations of national income accounting

5. Why does the consumer price index exaggerate the inflation rate?

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Microeconomics: Discuss the limitations of national income accounting
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