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Q: What is most important measure in nation income accounting?
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What are the cost and benefit of national income accounting?

The National income accounting depicts the strength or weakness of the economy of a particular country. The report on the subject matter tells the economists and leaders of the nation about the GDP as well.


How do economists measure a nation's standard of living?

Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.


Do economists measure a nation's standard of living?

Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.


What has the author David T Lapkin written?

David T. Lapkin has written: 'Money, banking, and the Nation's income' -- subject(s): Accounting, Banks and banking, Monetary policy, Money, National income


What is the difference between gnp and nni?

Gross National Income is the total income earned by citizens of a nation wherever they are, Net National Income is a measure of the income earned by households, whether they receive it or not. NNI = GNP - depreciation - indirect taxes


Why was the union important?

President Lincoln believed that the union as created by the Constitution was a permanent, important institution. He also knew that the South was essential to the nation because the South produced 80% of the nation's export income.


Why income tax important for the government?

Income tax is very important for nation, development what ever any countries, when ever we don't pay income tax so then ever any country can't go a head. If we want to our country look like a heaven so we have to pay income tax. That's way government want income tax.


How the nation and total income is spread out among its population is referred to as .?

income distribution


What is the income of the Afghanistan nation?

Inflation Afghanistan


What is income collected to pay the nation's expenses?

revenue


What is income collected to pay nation's expenses?

revenue


What nation gave the right to vote to all men regardless of income in 1914?

nation 3