Ch 21
20959913 crecimiento-economico-y-pib
© 2010 Pearson Addison-Wesley. Gross Domestic Product GDP Defined GDP or gross domestic product is the market value of all final goods and services.
Measuring GDP and Economic Growth CHAPTER 21. After studying this chapter you will be able to Define GDP and use the circular flow model to explain why.
Principles Of Macroeconomics National Income Accounting GDP The Expenditure Approach The Income Approach.
3006 Slides
© 2010 Pearson Education Canada. Gross Domestic Product GDP Defined GDP or gross domestic product is the market value of all final goods and services.
Economics 202 Principles Of Macroeconomics Lecture 5: National Income Accounting GDP The Expenditure Approach The Income Approach.
An Economic Barometer What exactly is GDP? How do we use GDP to tell us whether our economy is in a recession or how rapidly our economy is expanding?
MEASURING GDP AND ECONOMIC GROWTH 5 CHAPTER. Objectives After studying this chapter, you will able to Define GDP and use the circular flow model to.
Ch. 5 : MEASURING GDP AND ECONOMIC GROWTH –Define GDP –Circular flow model –Relationship between aggregate expenditure and aggregate income. –Measurement.
