The national income and product accounts (NIPA) help the economists and policymakers to find out whether the economy has expanded or stagnated, track its long-term trajectory. A nation's economic policies is measured by the national income accounting, a method of government bookkeeping that provides information on how an economy is doing.
Total domestic corporate revenues, salaries paid, and information on corporate sales and income taxes are all included in such a system. National income accounting systems enable nations to evaluate the consequences of different economic policies as well as the present level of living or income distribution within a population.
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