Abstract
How national income is measured is important in understanding the determination of national income. Measures of national income are also used in measuring living standards, and in assessing whether a country is considered developed or less developed. The rate at which national income grows from year to year is one way in which economic growth is measured.
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© 1992 Barry Harrison, Charles Smith and Brinley Davies
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Harrison, B., Smith, C., Davies, B. (1992). National Income and Its Measurement. In: Introductory Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-22006-9_18
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DOI: https://doi.org/10.1007/978-1-349-22006-9_18
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54294-1
Online ISBN: 978-1-349-22006-9
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