Economics terms starting with N

26 terms

  1. NAICS See North American Industry Classification System (NAICS)
  2. National income See National income (NI)
  3. National income (NI) The sum of all incomes, net of consumption of fixed capital (CFC), earned in production. Includes both factor incomes and nonfactor charges.
  4. National income and product accounts See National income and product accounts (NIPAs)
  5. National income and product accounts (NIPAs) BEA's economic accounts that display the value and composition of national output and the distribution of incomes generated in its production.
  6. NDP See Net domestic product (NDP)
  7. Net domestic product See Net domestic product (NDP)
  8. Net domestic product (NDP) The market value of the goods and services produced by labor and property in the United States less the value of the fixed capital used up in production…
  9. Net exports of goods and services Exports of goods and services minus imports of goods and services.
  10. Net government saving The difference between government current receipts and government current expenditures, formerly called current surplus or deficit (-), national income…
  11. Net gross receipts See Net gross receipts (NGR)
  12. Net gross receipts (NGR) A statistic tabulated from the tax returns of sole proprietors and partnerships; used in the estimation of nonfarm proprietors' income by state and county.
  13. Net lending or net borrowing, national income and product accounts An indirect measure of the net acquisition of foreign assets by U.S. residents less the net acquisition of U.S. assets by foreign residents.
  14. Net national product See Net national product (NNP)
  15. Net national product (NNP) The market value of goods and services produced by labor and property supplied by U.S.
  16. Net operating surplus A profits-like measure that shows business income after subtracting the costs of compensation of employees (received), taxes on production and imports…
  17. NGR See Net gross receipts (NGR)
  18. NI See National income (NI)
  19. NIPAs See National income and product accounts (NIPAs)
  20. NNP See Net national product (NNP)
  21. Nondurable goods Tangible products that can be stored or inventoried and that have an average life of less than three years.
  22. Nonfactor charges Income from current production not accruing to labor or capital. Includes business current transfer payments (net), taxes on production and imports, and…
  23. Nonresidential fixed investment Consists of purchases of both nonresidential structures and equipment and software.
  24. Nonresidential structures Investment in nonresidential structures consists of new construction (including own-account production), improvements to existing structures, expenditures…
  25. North American Industry Classification System See North American Industry Classification System (NAICS)
  26. North American Industry Classification System (NAICS) A classification system developed jointly by the U.S., Canada, and Mexico to provide improved comparability in industrial statistics across North America.