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What are the national figures?
National income figures:
• Do not measure social, non-economic, quality of life indicators as like life expectancy that access to education like crudely measured through HDI
• Overlook the undeclared output value as an example, subsistence farming as well as shadow economy
• Avoid the impact of negative externalities
• Overlook sustainability matters
• Inequality questions as like income distribution and regional standard of living variations are disregarded
uses of time series
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