Estimates of the value and composition of economic activity are the fundamental data of macroeconomics and are principally contained in
A) the National Income and Product Accounts (NIPA).
B) the New York Times.
C) the Washington Times.
D) the American Economic Review.

Question

Quizplus · Accepted Answer

The National Income and Product Accounts (NIPA) are the main source of data on the overall economic activity of a country, including estimates of the value and composition of its economy. These accounts provide detailed information on the income and product aspects of the economy, making them fundamental to macroeconomic analysis.

Estimates of the Value and Composition of Economic Activity Are