Is definitely the basic principles of GDP accounting (including definitions, etc.), examines a brief history of national accounting, and surveys the worldwide debate over "Eco-friendly GDP." The very first section describes the fundamental rules and definitions of national economic accounting and also the concept of GDP versus NDP. The 2nd section provides historic context to add mass to national earnings estimations, 1886 to 1940, concluding in the development of GNP through the U.S. Department of Commerce within the nineteen forties. The 3rd and final section talks about the conventional imputations presently designed to reflect nonprice economic activity (e.g., for owner-occupied housing and government services) and explores the controversy over imputations for natural assets and environment quality.
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