Measuring the economy : GDP and NIPAs
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Bibliographic Information
Measuring the economy : GDP and NIPAs
（Monetary, fiscal and trade policies series）
Nova Science Publishers, 2009
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Includes bibliographical references and index
Description and Table of Contents
Description
How fast is the economy growing? Is it speeding up or slowing down? How does the trade deficit affect economic growth? What's happening to the pattern of spending on goods and services in the economy? To answer these types of questions about the economy, economists and policymakers turn to the national income and product accounts (NIPAs) produced by the Bureau of Economic Analysis (BEA). Included in the NIPAs is gross domestic product (GDP), which measures the value of the goods and services produced by the U.S. economy in a given time period. This book is intended as an introduction to the GDP and NIPAs for the new user. It considers the transactions that occur in a simple economy in order to introduce such economic concepts that underlie the NIPA's. It describes the NIPA sectors for which economic activity is measured and the use of T-accounts to illustrate economic flows. An overview of the derivation of the NIPA measures are also given, including inflation-adjusted, or "real" estimates. In addition, references, organised by subject area are provided, for users interested in moving beyond an introduction to a more in-depth or advanced information about economic accounting and the NIPAs.
Table of Contents
- Preface
- Measuring the Economy: A Primer on GDP and the National Income and Product Accounts
- An Introduction to the National Income and Product Accounts Methodology Papers: U.S. National Income and Product Accounts
- A Guide to the National Income and Product Accounts of the United States
- The Treatment of Federal Receipts and Expenditures in the National Income and Product Accounts
- Index.
by "Nielsen BookData"