Who argued that “Everything that is produced in the course of a year, every service rendered, every fresh utility brought about is a part of the national wealth.”?

Related MCQs

• Who argued that national income issimply equal to “net product of agriculture”?
• In the classical theory the equlity between saving and investment is brought about by:
• Inventories are unsold goods produced by a firm, then why do they are included in GDP?
• Who among the following pioneered the first real estimate of national income?
• Who made the first major attempt to estimate national income in a somewhat comprehensive manner?
• Which one of the following is roughly equal to national income?
• Remittances made by NRIs to India in the context of national income accounting is called as