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Limitations of the national income accounts

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What are some of the limitations of the national income accounts in how they represent oyr standard of living?

Why is frictional unemployment important to have in any economy?

Explain why hyperinflation has such a devastating impact on economies. Explain what it takes to stop hyperinflation.

Reference no: EM13803135

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Limitations of the national income accounts : What are some of the limitations of the national income accounts in how they represent oyr standard of living? Why is frictional unemployment important to have in any economy?
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