National Income And Its Importance

March 2nd, 2009 Comments off
Share |

National Income is important in macroeconomic measurement because:

·         It measures the level of economic production

·         It explain immediate causes of that level of production

·         It compares economic condition over tim

·         It provides a basis for formulation and application of appropriate public policies in order to improve economic performance


Click here for all topics on National Income


Comments are closed now.