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National Comprehensive Balance Sheets
What our national advantages (assets), are relative to our liabilities (claims upon our assets) will determine our national balance sheets.
These are elementary necessities for all entities including Governments.
National Profit and Loss Accounts
The consumption of products used in the process of producing consumer products determines a peoples’ productivity, and more especially, the profitability of their economic activity. Therefore the cost of production is the consumption used in producing it.
Aggregate incomes measured against consumer production may tell us more than we think.
Other National Data and Statistics
Measurement is the sole determinant of economic data. The need for precise and accurate measurement in all economic determinants is essential.