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1.Measuring and Achieving Societal Progress: A Paradigm ShiftEnrico Giovannini President of the Italian Statistical InstituteLondon, 19 November 20092. Beyond GDP (1) “We…
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Review of the previous Lecture All societies experience short-run economic fluctuations around long-run trends. These fluctuations are irregular and largely unpredictable.…
Measuring a Nation’s Income Chapter 5: Measuring a Nation’s Income 64 Chapter Objectives In this chapter you will learn: · GDP – definition · GDP – important facts…
Slide 1 Medicare Growth, Technological Advances, and the Distribution of Health Care Benefits Jonathan Skinner Weiping Zhou Slide 2 A Simple Question Have the billions of…
Slide 1 2 8/21/2015 1 Chapter 2 Income Concepts Slide 2 2 8/21/2015 2 Chapter Objectives Upon completion of this chapter, the participant will be able to: –Contrast the…
Slide 1 Economic Performance: Key Q’s What is gross domestic product (GDP)? How is GDP calculated? (2 methods) What is the difference between nominal and real GDP? What…