Real gdp stands for
This presentation is the property of its rightful owner.
Sponsored Links
1 / 5

Real GDP (Stands for) PowerPoint PPT Presentation


  • 30 Views
  • Uploaded on
  • Presentation posted in: General

Real GDP (Stands for). Definition: Formula: What does it measure? U.S. Real GDP in…. CPI (Stands for). Definition: Formula: What does it measure? Major Categories in Market Basket. Inflation. Definition: Significance of Inflation Rate:

Download Presentation

Real GDP (Stands for)

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Real gdp stands for

Real GDP (Stands for)

  • Definition:

  • Formula:

  • What does it measure?

  • U.S. Real GDP in…


Cpi stands for

CPI (Stands for)

  • Definition:

  • Formula:

  • What does it measure?

  • Major Categories in Market Basket


Inflation

Inflation

  • Definition:

  • Significance of Inflation Rate:

    Having $1000 in 1935 would be like having _$16,536.13 in today’s dollars.

    • 2009_______f. 1980______

    • 2007_______g. 1975______

    • 2000_______h. 1970______

    • 1995_______i. 1960______

    • 1990_______j. 1950 ______

      http://data.bls.gov/cgi-bin/cpicalc.pl

  • Current Unemployment Rate


Unemployment rate

Unemployment Rate

  • Definition:

  • Formula:

  • What does it measure?

  • Who is included in the labor force?

  • Current U.S. Unemployment Rate:


Bureau of labor statistics http www bls gov bls infohome htm

Bureau of Labor Statisticshttp://www.bls.gov/bls/infohome.htm

  • What is the BLS do?

  • What is their mission?

  • What is their vision? (summarize – do not copy and paste)

  • For two careers at the BLS, describe the job and the job responsibilities, also list the qualifications (click on qualifications)

    1.

    2.


  • Login