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Output Seen as Income
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aggregate allocation analysis assets aszi banking basic basis billion Bowman and Easterlin capital consumption allowances capital formation capital gains cent changes classiﬁcation Cohen and Gainsbrugh compensation of employees components concept consumer corporate proﬁts counting Current Business deﬁned deﬁnition deﬂation Department of Commerce depletion depreciation detail discussion distribution durable estimates expenditures factor cost farm ﬁgures ﬁnal product ﬁnancial ﬁnd ﬁrms ﬁrst ﬂows government services gross national product Hagen and Budd households important imputation included income and product indexes indirect taxes industry inputs interest investment labor market price measure ment Morris Cohen national accounts National Income Supplement national output nomic paper payments present problem procedure product accounts property income proposed purchases reason reﬂect rent rental result seasonal adjustment sector signiﬁcant Simon Kuznets speciﬁc subsidies suggest sumer Table tion tional transactions transactors transfers treatment unincorporated enterprise users valuation wages