Documents First Picture The Production Possibilities Frontier Tradeoffs in Pictures Quantity of Computers...

Slide 1 First Picture The Production Possibilities Frontier Tradeoffs in Pictures Quantity of Computers Produced Quantity of Cars Produced 3,000 1,000 2,000 2,200 A 700 60030001,000…

Documents Macro - Review GDP = C + I + G + NX MV = P Q (= $GDP)

Slide 1 Macro - Review GDP = C + I + G + NX MV = P Q (= $GDP) Slide 2 Circular Flow Slide 3 GDP: Real and Nominal Gross Domestic Product (GDP):Gross Domestic Product (GDP):…

Documents GDP: Spending Y = C + I + G + NX Money MV = PY Circular flow Spending—Output—Income Measuring...

Slide 1 GDP: Spending Y = C + I + G + NX Money MV = PY Circular flow Spending—Output—Income Measuring GDP and Price Indexes Unemployment Rate Laborforce Natural rate…