THE ROLE OF NATIONAL ACCOUNTS IN ECONOMIC POLICY
National accounts are economic tools used to measure aggregate production,income, and expenditures within a country’s economy. Their origins trace back tothe early 20th century, primarily driven by governments’ need to accuratelymonitor economic changes, especially during significant crises like the GreatDepression of 1929. The development of national accounting was significantlyinfluenced after World War Il, thanks in…