Chapter 2 The Data Of Macroeconomics Interactive Powerpoint Slides By
Chapter 2 The Data Of Macroeconomics Interactive Powerpoint Slides By The document explores factors like minimum wages, unions, efficiency wages, and sectoral shifts that contribute to real wage rigidity and the natural rate of unemployment. gregory mankiw macroeconomic 7th edition chapter (4) this document provides an overview of classical theories of inflation and the quantity theory of money. it defines key. Presentation on theme: "chapter 2: the data of macroeconomics"— presentation transcript: 1 chapter 2: the data of macroeconomics. 2 stock vs. flow stock: quantity measured at a given point in time. wealth debt budget flow: quantity measured per unit of time income employment price. 3 the circular flow on income and product.
Ppt Chapter 2 The Data Of Macroeconomics Powerpoint Presentation Chapter two 3 gross domestic product is the best measure of how well the economy is performing. the bureau of economic analysis (part of the u.s. dept. of commerce) calculates gdp via administrative data, which are byproducts of government functions such as tax collection, education programs, defense, and regulation, and statistical data, which come from government surveys of, for example. Presentation transcript. chapter 2:the data of macroeconomics. stock vs. flow • stock: quantity measured at a given point in time • wealth • debt • budget • flow: quantity measured per unit of time • income • employment • price. the circular flow on income and product • households: • sell labor resources to earn income. Interactive powerpoint slides by: v. andreea chiritescu eastern illinois university 1. the data of macroeconomics chapter 2 bÙi duy hƯng macro economics. 2. in this chapter i. measuring a nation’s income chapter 2 the data of macroeconomics 1. gross domestic product (gdp) 2. the components of gdp 3. calculating gdp 4. nominal and real gdp 5. Presentation transcript. chapter 2: the data of macroeconomics. gross domestic product (gdp) • the consumer price index (cpi • unemployment rate. national income accounting measure the economy’s overall performance. business firms measures its flows of income and expenditures regularly • usually every 3 months or annually.
Ppt Chapter 2 The Data Of Macroeconomics Powerpoint Presentation Interactive powerpoint slides by: v. andreea chiritescu eastern illinois university 1. the data of macroeconomics chapter 2 bÙi duy hƯng macro economics. 2. in this chapter i. measuring a nation’s income chapter 2 the data of macroeconomics 1. gross domestic product (gdp) 2. the components of gdp 3. calculating gdp 4. nominal and real gdp 5. Presentation transcript. chapter 2: the data of macroeconomics. gross domestic product (gdp) • the consumer price index (cpi • unemployment rate. national income accounting measure the economy’s overall performance. business firms measures its flows of income and expenditures regularly • usually every 3 months or annually. Mankiw's macroeconomics modules ® a powerpoint tutorial to accompany macroeconomics, 5th ed. n. gregory mankiw mannig j. simidian chapter two the data of macroeconomics. gdp, cpi and unemployment gross domestic product (gdp) is the market value of all final goods and services produced within an economy in a given period of time. Chapter 2 the data of macroeconomics slide 9 u.s. consumption, 2006 41.4 20.5 8.1 70.0% 5,483.7 2,714.9 1,070.3 $9,268.9 services nondurables durables consumption $ billions % of gdp chapter 2 the data of macroeconomics slide 10 investment (i) definition 1: spending on [the factor of production] capital. definition 2: spending on goods bought.
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