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Which of the Following Statements About Aggregate Accounting Is False

Question 48

Multiple Choice

Which of the following statements about aggregate accounting is false?


A) It provides a way of measuring total, or aggregate, production.
B) It provides a way of measuring how much a nation is producing and consuming.
C) It did not exist before the 1930s because economists focused on microeconomics before the 1930s.
D) It is the best way to measure social welfare for an economy.

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