'Nominal gdp' presentation slideshows

MACRO ECONOMICS

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ECON 201

ECON 201. Chapter 5 GDP & Economic Growth. Learning Objectives. How GDP is Defined and Measured. How economists distinguish between nominal GDP & real GDP . Long-term trend of U.S. economic growth.

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Topic 2: Macroeconomic Data (chapter 2) revised 9/15/09

Topic 2: Macroeconomic Data (chapter 2) revised 9/15/09. Learning objectives. In this chapter, you will learn about how we define and measure: Gross Domestic Product (GDP) the Consumer Price Index (CPI) the Unemployment Rate. Gross Domestic Product. Two definitions:

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Chapter (2)

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Ch. 5 : MEASURING GDP AND ECONOMIC GROWTH

Ch. 5 : MEASURING GDP AND ECONOMIC GROWTH. Define GDP Circular flow model Relationship between aggregate expenditure and aggregate income. Measurement of real GDP and the GDP deflator Real GDP as a measure of economic growth and the limitations of our measure. Gross Domestic Product .

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Chapter 22

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The demand for money

The demand for money. How much of their wealth will people choose to hold in the form of money as opposed to other assets, such as stocks or bonds? The answer to this question determines the demand for money. .

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CHAPTER 11

CHAPTER 11. National Income Accounting and the Balance of Payments. Chapter Organization. National Income Accounting GDP and the Trade Balance The Balance of Payments Accounts Summary. National Income Accounting. National income accounting

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GDP: Measuring Total Production and Income

GDP: Measuring Total Production and Income. GDP: Measuring Total Production and Income. Microeconomics The study of how households and businesses make choices, how they interact in markets, and how the government attempts to influence their choices.

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GDP: A Measure of Total Production and Income

21. GDP: A Measure of Total Production and Income. CLICKER QUESTIONS. Checkpoint 21.1. Checkpoint 21.2. Appendix Checkpoint. Question 1. Question 5. Question A1. Question 6. Question 2. Question A2. Question 7. Question 3. Question A3. Checkpoint 21.3. Question 4. Question 8.

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Nominal GDP Grows Faster than Real GDP because of Price Inflation

Chapter 21 Figure 21-2. Nominal GDP Grows Faster than Real GDP because of Price Inflation. Chapter 23 Figure 23-2. A Business Cycle, like the Year, Has Its Seasons. Chapter 23 Figure 23-3. Business Activity since 1919. Chapter 25 Figure 25-3. Real vs. Nominal Interest Rates.

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Chapter 1

Chapter 1. Why Study Money, Banking, and Financial Markets? . Why Study Financial Markets? 1. Channel funds from savers to investors, thereby promoting economic efficiency 2. Affect personal wealth and behavior of business firms Why Study Banking and Financial Institutions?

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Measuring National Output and National Income

Measuring National Output and National Income . $50,000 $100,000.

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Money!!!!

Money!!!!. Money Defined. Money is anything that can be used as: A medium of exchange A store of value A unit of account / Standard of Value Money works best when it meets these criteria: Portable Durable Divisible Acceptable Stable. Money Facts:.

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Chapter 13: GDP

Chapter 13: GDP. Pgs: 321-333. Gross Domestic Product. Market value of all final goods and services produced in the economy over a year. Final versus Intermediate. Final are goods either available to be purchased or purchased for final use. Ex. Pastries and bicycles

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