§ Sir C. Osborneasked the Chancellor of the Exchequer what formula he uses to calculate the gross national product; and what changes in this formula have been made in recent years.
§ Mr. DiamondI would refer the hon. Member to the book recently issued by the Central Statistical Office "National Accounts Statistics: Sources and Methods", a copy of which is in the Library. A general account of the gross national product and its relation to other aggregates is given in the first chapter of this book and more detailed description of the methods used is in the third chapter.