Documents Measuring a Nation’s Income n The Economy’s Income & Expenditure n The Measurement of Gross...

Slide 1Measuring a Nation’s Income n The Economy’s Income & Expenditure n The Measurement of Gross Domestic Product (GDP) n The Components of GDP n Real versus Nominal…

Documents Measuring a Nation’s Income 1. Economics Microeconomics –Study of how households and firms Make....

Slide 1 Measuring a Nation’s Income 1 Slide 2 Economics Microeconomics –Study of how households and firms Make decisions Interact in markets Write down an example Macroeconomics…