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In the official government National Income and Product Accounts​ (NIPA), what component of investment includes purchases of new​ houses?
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In the official government National Income and Product Accounts​ (NIPA), what component of investment includes purchases of new​ houses?

User Matt Mc
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Answer:

Residential

Step-by-step explanation:

National Income and Product Accounts often referred to as NIPA are a form of details obtained and released by the United States Bureau of Economic Analysis of the Department of Commerce. The purpose is to depict the different elements of national income and output in the economy in a given period of time. However, under national product accounts, a component of investment that includes purchases of new​ houses is "RESIDENTIAL"

User Artyom Akselrod
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