Question

Consider the following statement: The study of national income accounts is of great importance
because it
I. reveals the changes in the size and composition of the national product.
II. provides us with information about the distribution of national income in the society among
various groups

III. reveals the manner in which national expenditure is divided between consumption and

investment.
Of these statements
a) 1 and 2 are correct
b) 2 and 3 are correct
c) 1 and 3 are correct

d) 1, 2 and 3 are correct

Answer 1

Answer:

hey!

a. 1 and 2 are correct