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Slide 1Economic Indicators Slide 2 Gross Domestic Product Slide 3 GDP per Capita Slide 4 Gross National Product Slide 5 What is not calculated in the GDP Slide 6 Real v.…

Slide 1 GDP measures the value of output in nominal dollars—that is, dollar values at the time production took place. GDP rose by 9 percent between 1979 and 1980. However,…

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Slide 1 Copyright © 2004 Global Insight, Inc. China: Macroeconomic Cycles and Impact on World Economies Global Insight Forum Atlanta Breakfast Seminar May 11, 2004 Todd…

Slide 1 Economics 2/24 & 2/25 Aggregate Demand and Aggregate Supply Warm Up! In your spiral, write the following: 1.Definition of GDP (use your notes) 2.Expenditure Formula…

Slide 1 0 A thinker to get us started…  What is inflation?  A problem with GDP: Every year, inflation causes prices of goods & services to rise, so GDP rises…