Documents Microeconomics - GDP

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…

Documents Ch. 5 : MEASURING GDP AND ECONOMIC GROWTH –Define GDP –Circular flow model –Relationship...

Slide 1 Ch. 5 : MEASURING GDP AND ECONOMIC GROWTH –Define GDP –Circular flow model –Relationship between aggregate expenditure and aggregate income. –Measurement…