what are the national figuresnational income


What are the national figures?

National income figures:

• Do not measure social, non-economic, quality of life indicators as like life expectancy that access to education like crudely measured through HDI

• Overlook the undeclared output value as an example, subsistence farming as well as shadow economy

• Avoid the impact of negative externalities

• Overlook sustainability matters

• Inequality questions as like income distribution and regional standard of living variations are disregarded

Request for Solution File

Ask an Expert for Answer!!
Business Economics: what are the national figuresnational income
Reference No:- TGS0333021

Expected delivery within 24 Hours