Uses of national income statistics, Microeconomics

Uses of national income statistics:

- It helps to organize economic data and activities.

- It helps to classify economic activities into various segments or sectors.

- It helps to keep track of total production within the macro economy.

- It helps to determine the economic performance of a country.

- It helps in policy formulation and implementation etc.

Posted Date: 1/3/2013 12:04:22 AM | Location : United States

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