The primary purpose of the national-income accounts is to assist
Government policy makers in formulating economic policies and evaluating performance
Correct AnswerMarket investors in making more profitable investments
Incorrect AnswerGetting accurate figures for consumption and investment expenditure
Incorrect AnswerEconomic historians to better understand the economic past
Incorrect AnswerExplanation:
The primary use of national income accounting is as a tool to set economic policy by measuring the economic activity of a country, including gross domestic product and unemployment figures. This type of accounting can be traced back to the 1930s. It was adopted by the British government and became the foundation for the United Nations System of National Accounts. Most countries, including the United States, now use this system.
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By: Abhipedia