14230_Circular Flow of Income n Price Indices
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BALANCE OF PAYMENTInternational flow of goods & services & coping with current account deficit
Measuring Domestic Output & National Income
Chapter 12.1 B
National Income
CHAPTER 4 THE BALANCE OF PAYMENTS AND INTERNATIONAL LINKAGES.
1 Foundations of Multinational Financial Management 5 th Edition Alan Shapiro J.Wiley & Sons Power Points by Joseph F. Greco, Ph.D. California State University,
1 National Income Accounting National Income and Product Accounts (NIPA) measure output and income in the U.S. Simon Kuznets led team that established.
Chapter 12. Preview National income accounts –measures of national income –measures of value of production –measures of value of expenditure National.
Economic growth, economic development, well-being Should we increase it at all cost? – a question of national planning Basic Concepts.
Chapter 13: Economic Performance Macroeconomics = study of any nation’s economy as a whole. Focus is on unemployment, inflation, growth, trade, and gross.