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Unformatted text preview: Kuznets of the U.S. are worth mentioning. Dr. V.K.R.V. Rao of India has also carried out useful research in this respect. Yet the complex nature of national income accounting demands three different methods of measurement to ensure the greatest degree of accuracy. These are product, income and expenditure methods. These three methods are complementary to each other and all of them are employed according to convenience....
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This note was uploaded on 11/17/2011 for the course EC ec 201 taught by Professor - during the Fall '10 term at Montgomery.
- Fall '10
- National Income