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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never heard of it.
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