What is Nipa?
1.
national income and product accounting; refers to the formal system of measuring
National income and product accounting is the centerpiece of national economic
accounting in the United States. The NIPA's show the real and nominal value of output, the composition of output, and the distribution across types of income generated in its production.
Abraham & Mackie, *Beyond the Market,* p.40
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1.
An affectionate term for your penis.
The little general performed his duties with distinction last night...
1.
The little balls of lint sometimes found on the inner thigh area of pants, usually caused from the pants/ thighs rubbing together while ..