The agency that maintains the national income and Product accounts (NIPA) is

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Social Studies

Odin Dunn

7 February, 15:51

The agency that maintains the national income and Product accounts (NIPA) is

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Answers (1)

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Lena Campos · Answer 1

The US Department of Commerce maintains the National Income and Product Accounts (NIPA).

Explanation:

The Bureau of Economic Analysis is a subordinate agency working under the Department of Commerce of the federal government. This agency is responsible for preparing and managing the accounts of national income and product of the nation.

The accounting done by this agency renders data on two different levels which are national and industrial. The agency uses the double-entry bookkeeping method for the purpose of accounting.