Sterling Terrell

smart ideas from books (mostly)

  • Home
  • About
    • My CV
    • Books
    • Series
  • Newsletter
  • Advertising
  • Tools
You are here: Home / Potpourri / Economics 101: National Income Accounting

Economics 101: National Income Accounting

Economics 101: National Income Accounting

[This is part of the series: The Complete Guide To Economics 101.]

What is national income accounting?

National Income Accounting is the terms and rules that measure economic activity on a country by country level.

Nothing complicated.

Think of it as standard practices between countries, much like there are standard accounting practices between businesses under GAAP.

Because what good is there in a country figuring up GDP or unemployment, if every other country is calculating it a different way?

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Tumblr (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related

Filed Under: PotpourriTagged With: #Economics101

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Privacy Policy

Subscribe to Blog via Email

Notifications of all new posts by email.

Connect

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter

Search

Top Posts

  • The Tricky Lily Pad Riddle (You Probably Can't Solve)
    The Tricky Lily Pad Riddle (You Probably Can't Solve)
  • Can You Solve The Bat And Ball Riddle?
    Can You Solve The Bat And Ball Riddle?
  • Another Great Riddle For You To Try
    Another Great Riddle For You To Try
  • This Is How To Draw A Simple Robot
    This Is How To Draw A Simple Robot
  • Keep People Guessing By?
    Keep People Guessing By?
  • Mercy, Elevation Worship & Maverick City
    Mercy, Elevation Worship & Maverick City
  • Economics 101: Classical Economics
    Economics 101: Classical Economics
  • Our Mercenary Heart
    Our Mercenary Heart
  • Sentience vs Consciousness
    Sentience vs Consciousness
  • Wagon Train Morality
    Wagon Train Morality

Supporting = Loving

Buy Me a Coffee

Recent Posts

  • Tesla Model S
  • Brandon Hays First Sermon @ The Church At Harpeth Heights
  • How To Make A Clay Pot
  • My Reading Advice
  • Sometimes It’s Fun Being A

Copyright © 2023 · Generate Pro On Genesis Framework · WordPress · Log in