Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 3 Business Cycle Measurement Slide 2 Copyright © 2008 Pearson Addison-Wesley. All rights reserved.…

Slide 1EXPENDITURE MULTIPLIERS: THE KEYNESIAN MODEL 13 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Explain how expenditure plans and real GDP…

Slide 1EXPENDITURE MULTIPLIERS: THE KEYNESIAN MODEL 29 CHAPTER Slide 2 Objectives After studying this chapter, you will able to Explain how expenditure plans and real GDP…

Slide 1 Slide 2 Two Types of GDP Nominal GDPprice levels for the year in which GDP is measured states GDP in terms of current value of goods and services Real GDPGDP adjusted…

Slide 1Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics Slide 2 Lecture 12 Measurement Nominal GDP Real GDP GDP deflator GDP Index Growth rate Technological…

Slide 1 Slide 2 ADAS 1. Define AD & AS. AD AQD RGDP AD – AQD [ RGDP ] desired by the private, public, & foreign inverse sector at various PLs [ inverse ] [Everyones…

Slide 1Calculating GDP Nominal GDP, Real GDP, and the GDP Deflator Slide 2 There are two ways that GDP can increase: 1. An increase in the PRICES of goods and services. 2.…

Slide 1II. UNIT II.. C. Aggregate De mand and Aggregate Supply 1. Equilibrium real GDP and price level with stationary AD and AS 2. The depiction of cyclical unemployment,…

Slide 1The Money Market & Monetary Policy Slide 2 Demand for Money Transactions demand for money to pay for current transactions. Related mostly to the level of income.…

Slide 1Copyright © 2012 Pearson Addison-Wesley. All rights reserved. Chapter 8 Measuring the Economys Performance Slide 2 Copyright © 2012 Pearson Addison-Wesley. All rights…