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National Income Accounting Is

Question 15

Multiple Choice
National income accounting is

National income accounting is


A) used by business firms to determine the level of profit during a given year.
B) used by accountants to figure household tax obligations.
C) a system of accounts designed to measure macroeconomic activity.
D) a system of measures that indicates when an economy is experiencing inflation.
E) a system of microeconomic measures that indicates equilibrium conditions for individual markets.

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