The National Income and Product Accounts allows us to relate ________ to ________ to ________.

Question

Quizplus · Accepted Answer

The National Income and Product Accounts (NIPA) allows us to relate total output (GDP) to total spending (aggregate demand) to total income (national income). Therefore, option E, which includes total output, total spending, and total income, is the correct choice. Options A, B, and D are not accurate because they do not encompass all three factors that the NIPA combines.

The National Income and Product Accounts Allows Us to Relate