The system we use to measure the value of an economy is called:
A) national income accounting.
B) national economic valuation.
C) macroeconomic summation.
D) national expenditure accounting.

Question

Quizplus · Accepted Answer

National income accounting is the system used to measure the value of an economy. It includes various measures such as Gross Domestic Product (GDP), Gross National Product (GNP), and national income. None of the other options listed are commonly used terms to describe this system.

The System We Use to Measure the Value of an Economy