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What are the uses of national income accounting

What are the uses of national income accounting

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Dana
- Highlights information about size of various sectors in the economy. For example GNP gives information about consumer expenditures, taxes and investments.

- Highlights information about economic performance of the economy overtime. for example annual growth rates.

- It provides information to policy makers that enables them to formulate policies that safeguard and improve the economy’s health.

- It is an indicator of structural change (transformation) in the economy of a country.

Dana05 answered the question on July 18, 2019 at 19:45

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