Discuss the limitations of national income accounting


Discussion:

Your responses should be at least 75 words in length for Each question. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.

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?

Solution Preview :

Prepared by a verified Expert
Microeconomics: Discuss the limitations of national income accounting
Reference No:- TGS01852757

Now Priced at $25 (50% Discount)

Recommended (95%)

Rated (4.7/5)