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Published in:
1974 | OriginalPaper | Chapter
National Income and National Product
Author : D. C. Rowan
Published in: Output, Inflation and Growth
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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In the last chapter we erected a consistent set of definitions which provided us with a conceptual scheme in terms of which we can (and shall) describe economic behaviour. How do we measure the concepts we have defined ? The easiest way of answering this question is to construct, and work through, a simple example.