social accounting

British

noun

Also called: national accounting. the analysis of the economy by sectors leading to the calculation and publication of economic statistics, such as gross national product and national income

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The message relied too heavily on economic bookkeeping, too little on social accounting, wrote Bertram M. Gross, professor of political science at Syracuse University.

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Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023