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What are the major problems in measuring national income?
The major problems in measuring national income:
a. Unreliable statistics data collection is costly and the figures collected via LDCS may be incomplete
b. Non-marketed output for example, subsistence farming does not result into an income so make no part of official NY figures.
c. Undeclared economic activity for example, Official GDP figures carry out the activities of shadow or informal economy (calculated as 76 percent of Nigerian GDP).
the basic assumption of the static model
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Your company's cost of capital is 12%. You are currently evaluating three projects that have the following cash flow streams: Project 0 1
What are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4 a) Many are concerned
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