Describe briefly the methods of measuring national income

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Reference no: EM131347554

1. Describe briefly the methods of measuring national income.

2. Explain why national income accounts systematically underestimate the true value of goods and services produced each year.

Reference no: EM131347554

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Describe briefly the methods of measuring national income : Explain why national income accounts systematically underestimate the true value of goods and services produced each year.
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