Question 8 1 point The main reason the national income and p

Question 8 (1 point) The main reason the national income and product accounts were created was to: a) provide employment for statisticians during the Great Depression provide businesses with data on the economy d) test out accounting theory developed during the early 20th century. d) help governments manage the business cycle.

Solution

8) It was developed mainly to help the government manage the business cycle well. A well maintained national income and product account help the government to evaluate the exact condition of the economy.

The correct answer to this question is \"D\".

9) Non-market activities are those which doesn\'t involve the market transactions in this case taking care of the Elderly at home is a non-market activity.

The correct answer to this question is \"A\".