Persons

What is Persons?

Persons meaning In the national income and product accounts (NIPAs), persons consist of individuals, nonprofit institutions that primarily serve individuals, private noninsured welfare funds, and private trust funds. In the international accounts, persons refer to individuals, corporations, branches, partnerships, associated groups, associations, estates, trusts, organizations, or government entities.

 

reference: BEA Bureau of Economic Analysis. US Department of Commerce

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