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of funds accounts are extra sophisticated than the national income accounts as a result of they contain the aggregation of a lot of sectors with their very detailed financial transactions. The flow of funds accounts were developed by Prof. Morris Copeland1 in 1952 to beat the weaknesses of national earnings accounting. The opportunity cost strategy is based on the precept that when a person chooses to get pleasure from extra leisure, it is always at the price of foregoing more income. “regrettable necessities”, similar to authorities expenditures on The hottest product i love you today and always gift for your girlfriend hearts necklacenational defence, police pressure, street maintenance, and sanitation services, and expenses by shoppers on commuting (i.e., travelling often by practice,scooter, automotive or bus between one’s residence and workplace). All consumer expenditures on sturdy family goods such as washing machines, cars, TV units, and so forth. which yield utility over their lifetime. Estimated prices arising from “negative externalities” which are disamenities arising from urbanisation, congestion and pollution. All these reduce human welfare. On the opposite hand, in places the place there is no congestion, people enjoy fresh air and the great thing about nature, the standard of life tends to extend. But this isn’t reflected in GNP. number of goods and services

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