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National Income and Product Accounts

Index National Income and Product Accounts

The national income and product accounts (NIPA) are part of the national accounts of the United States. [1]

15 relations: Accounting identity, Aggregation problem, Balance of trade, Chart of accounts, Classification of Individual Consumption by Purpose, Consumption of fixed capital, David R. Henderson, Double-entry bookkeeping system, Gross private domestic investment, Liberty Fund, Macroeconomics, Measures of national income and output, National accounts, System of National Accounts, Transfer payment.

Accounting identity

In accounting, finance and economics, an accounting identity is an equality that must be true regardless of the value of its variables, or a statement that by definition (or construction) must be true.

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Aggregation problem

An aggregate in economics is a summary measure describing a market or economy.

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Balance of trade

The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period.

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Chart of accounts

A chart of accounts (COA) is a created list of the accounts used by an organization to define each class of items for which money or the equivalent is spent or received.

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Classification of Individual Consumption by Purpose

Classification of Individual Consumption according to Purpose (COICOP) is a Reference Classification published by the United Nations Statistics Division that divides the purpose of individual consumption expenditures incurred by three institutional sectors, namely households, non-profit institutions serving households, and general government.

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Consumption of fixed capital

Consumption of fixed capital (CFC) is a term used in business accounts, tax assessments and national accounts for depreciation of fixed assets.

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David R. Henderson

David R. Henderson (born November 21, 1950) is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan’s Council of Economic Advisers from 1982 to 1984.

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Double-entry bookkeeping system

Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account.

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Gross private domestic investment

Gross private domestic investment is the measure of physical investment used in computing GDP in the measurement of nations' economic activity.

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Liberty Fund

Liberty Fund, Inc. is a nonprofit foundation headquartered in Indianapolis, Indiana which promulgates the libertarian views of its founder, Pierre F. Goodrich through publishing, conferences, and educational resources.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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Measures of national income and output

A variety of measures of national income and output are used in economics to estimate total economic activity in a country or region, including gross domestic product (GDP), gross national product (GNP), net national income (NNI), and adjusted national income also called as NNI at factor cost (NNI* adjusted for natural resource depletion).

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National accounts

National accounts or national account systems (NAS) are the implementation of complete and consistent accounting techniques for measuring the economic activity of a nation.

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System of National Accounts

The System of National Accounts (often abbreviated as SNA; formerly the United Nations System of National Accounts or UNSNA) is an international standard system of national accounts, the first international standard being published in 1953.

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Transfer payment

In economics, a transfer payment (or government transfer or simply transfer) is a redistribution of income and wealth (payment) made without goods or services being received in return.

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Redirects here:

National Income Account, National Income Accounts, National income accounts, National income and product accounts.

References

[1] https://en.wikipedia.org/wiki/National_Income_and_Product_Accounts

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