Tag: National Income

National Income Accounting: Methods and Problems

By TopicBin . Updated . 10 min read . 0 comments

In this article, we will try to explain the concept of national income accounting, methods of measuring national income, and the problems associated with the measurement of national income. Before reading this article, we recommend reading and understanding the important concepts of gross domestic product

Gross Domestic Product and GDP Growth Rate

By TopicBin . Updated . 4 min read . 0 comments

Fallback Image This article intends to describe the meaning of Gross Domestic Product (GDP), illustrate GDP with a hypothetical example, and GDP growth rate in very simple terms so that any starter of macroeconomics can understand it clearly. If you are new to macroeconomics and want to