Generation of National Output

  • Masudul Alam Choudhury


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.


Gross Domestic Product National Income Intermediate Good Consumption Expenditure National Output 
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Copyright information

© Springer Science+Business Media New York 1999

Authors and Affiliations

  • Masudul Alam Choudhury

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