National income accounts

Leonard Nakamura

No 06-11, Working Papers from Federal Reserve Bank of Philadelphia

Abstract: This article presents a brief overview of the national income accounts. It summarizes the main parts of accounts and situates them within the efforts of economists to quantify economic activity and economic well-being. The author argues that these statistics are necessarily provisional and imperfect but nevertheless extremely useful. Some current directions for economic research seeking to extend the accounts are also discussed.

Keywords: National; income (search for similar items in EconPapers)
Date: 2006
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