Chapter 2 The Data Of Macroeconomics Interactive Powerpoint Slides By 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. Two arithmetic tricks for working with percentage changes. ex: gdp deflator = 100 ngdp rgdp. if ngdp rises 9% and rgdp rises 4%, then the inflation rate is approximately 5%. chapter 2. the data of macroeconomics. 35. 2. percentage change in (x y) percentage change in x percentage change in y.
Ppt Chapter 2 The Data Of Macroeconomics Powerpoint Presentation 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. 4 chapter two 4 1) to compute the total value of different goods and services, the national income accounts use market prices. thus, if $0.50 $1.00 gdp = (price of apples quantity of apples) (price of oranges quantity of oranges) = ($0.50 4) ($1.00 3) gdp = $5.00 2) used goods are not included in the calculation of gdp. 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. Chapter 2: the data of macroeconomics. get a hint. why is gdp the best measure to gage economic performance? click the card to flip 👆. gdp provides a scope of the entire country's national income expenditures. both of these are interchangeable. click the card to flip 👆. 1 24.
презентация Chap2 The Data Of Macroeconomics 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. Chapter 2: the data of macroeconomics. get a hint. why is gdp the best measure to gage economic performance? click the card to flip 👆. gdp provides a scope of the entire country's national income expenditures. both of these are interchangeable. click the card to flip 👆. 1 24. 1. chapter two 1 ® chapter 2 the data of macroeconomics a powerpoint tutorial to accompany macroeconomics, 7th. edition n. gregory mankiw tutorial written by: mannig j. simidian b.a. in economics with distinction, duke university m.p.a., harvard university kennedy school of government m.b.a., massachusetts institute of technology (mit) sloan. 2. gdp is as the total expenditure on the economy's output of goods and services. gdp is. market value of all final goods and services produces within an economy in a given period of time. value added of a firm equals. the value of the firm's output less the value of the intermediate goods that the firm purchases.
презентация Chap2 The Data Of Macroeconomics 1. chapter two 1 ® chapter 2 the data of macroeconomics a powerpoint tutorial to accompany macroeconomics, 7th. edition n. gregory mankiw tutorial written by: mannig j. simidian b.a. in economics with distinction, duke university m.p.a., harvard university kennedy school of government m.b.a., massachusetts institute of technology (mit) sloan. 2. gdp is as the total expenditure on the economy's output of goods and services. gdp is. market value of all final goods and services produces within an economy in a given period of time. value added of a firm equals. the value of the firm's output less the value of the intermediate goods that the firm purchases.
презентация Chap2 The Data Of Macroeconomics
Comments are closed.