Generation of National Output

  • Masudul Alam Choudhury
Chapter

Abstract

The overall level of economic activity relating to consumption, production and distribution is reflected in the aggregate concept of the value of the total goods and services produced in the economy at any given point of time. This concept is explained below. First we will proceed with certain definitions.

Keywords

Gross Domestic Product National Income Intermediate Good Consumption Expenditure National Output 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Science+Business Media New York 1999

Authors and Affiliations

  • Masudul Alam Choudhury

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