Answer to Question #271751 in Microeconomics for jean

Question #271751

Why is it important for a country to be apprised of its national income?


1
Expert's answer
2021-11-28T18:13:02-0500

Estimates of national income provide extensive information on a country's production, savings, investment, capital formation, and other economic activity in a given year. All of these data provide a thorough picture of the people's economic activity during that year.


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