Describe briefly the methods of measuring national income


Problem

1. Describe briefly the methods of measuring national income.

2. Explain why national income accounts systematically underestimate the true value of goods and services produced each year.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Describe briefly the methods of measuring national income
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