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Unformatted text preview: income are not completely resistant to errors. Consequently what we expect is an approximation and a less exact value of national income than the value of millions of economic activities actually performed by numerous citizens of the country. One way of minimizing the error element is to measure national income employing various approaches and express them in distinct national aggregates. All these national aggregates are however mutually related and serve the purpose of a self correcting device of aggregative values to make them as accurate as possible....
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- Fall '10
- National Income