Question

net addition to stock meaning in national income

Answer 1

Answer:

(NAS)

as defined in Glossary of Statistical Terms

by The Organisation for Economic Co-operation and Development

This indicator measures the physical growth rate of an economy. New materials are added to the economy’s stock each year (gross additions) in buildings and other infrastructure, and materials incorporated into new durable goods such as cars, industrial machinery and household appliances, while old materials are removed from stock as buildings are demolished and durable goods disposed of (in economy wide material flow accounting).