National Income Accounting

National Income Accounting is a systematic approach to measuring a country’s economic performance through the calculation of gross domestic product (GDP), gross national product (GNP), and net national income (NNI). It provides essential insights into the overall economic health, productivity, and living standards of a nation. This category encompasses various methods of income measurement, the components of national income, and the impact of economic policies. By analyzing data on income generation and distribution, National Income Accounting aids policymakers, economists, and researchers in understanding economic trends and making informed decisions for sustainable growth.