The main reason the national income and product accounts were devised was to:
A) provide businesses with data on the economy.
B) help government manage the business cycle.
C) provide employment for statisticians during the Great Depression.
D) test out accounting theory developed during the early 20th century.

Question

Quizplus · Accepted Answer

The main reason the national income and product accounts were devised was to help government manage the business cycle. By tracking the flow of income and expenditures in the economy, policymakers can identify trends and adjust policies to stabilize and stimulate economic growth as needed.

The Main Reason the National Income and Product Accounts Were