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Glossary

Glossary of Statistical Definitions

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There are currently 2 definitions in this directory beginning with the letter N.
National Accounts
These are designed to describe the essential phenomena that constitute economic life: production, consumption, accumulation and wealth.

National income accounting
This is the measurement of the total flow of output ( goods & services) and the total flow of inputs (factors of production) that pass through all the markets of the economy during a specific period (usually one year).

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