National Income And Its Importance

March 2nd, 2009 Comments off
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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

 

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Financial Accounting

 
 

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