National income accounts are incomplete estimates of national economic performance because national income accounts do NOT include

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National income accounts typically include measures like gross domestic product (GDP) and net domestic product (NDP), and account for imports and exports in their calculations. However, they often do not fully account for external costs, such as environmental degradation or the depletion of natural resources, which can significantly impact the true economic performance and sustainability of a nation.

National Income Accounts Are Incomplete Estimates of National Economic Performance