Identify the correct statement.
Identify the correct statement.
| A. | National income accounting measures only the flow of output between different sectors of an economy. |
| B. | National income accounting summarizes the level of production in an economy over a decade. |
| C. | National income accounting explains diagrammatically the flow of goods and services and of money expenditures (income). |
| D. | National income accounting summarizes and categorizes the productive activity in an economy over a year |
| E. | National income accounting measures the total money supply in an economy. |