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book Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
book Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
Exercise 2
Why do national income accountants compare the market value of the total outputs in various years rather than actual physical volumes of production? What problem is posed by any comparison over time of the market values of various total outputs? How is this problem resolved?
Explanation
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a. National Income Accountants compare t...

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Economics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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