Chapter12NationaleAccountingand
theBalance
ofPayments
Copyright?2006PearsonAddison-Wesley.Allrightsreserved.12-2PreviewNationaleaccountsmeasuresofnationalemeasuresofvalueofproductionmeasuresofvalueofexpenditureNationalsaving,investmentandthecurrentaccountBalanceofpaymentsaccounts
Copyright?2006PearsonAddison-Wesley.Allrightsreserved.12-3NationaleAccountsRecordsthevalueofnationalethatresultsfromproductionandexpenditure.Producersearnefrombuyerswhospendmoneyongoodsandservices.Theamountofexpenditurebybuyers=
theamoun
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