Question 49
National IncomeIt is necessary to estimate the national income of a country because it
- A.indicates the overall performance of the economy
- B.ensures equitable distribution of wealth
- C.assists investors in identifying profitable ventures
- D.enables governments to conserve national resources.
Show the answer and explanation
Answer: A (indicates the overall performance of the economy)
Explanation
National income figures show how well the whole economy is performing and growing.