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Chapter 8- Measuring Total Production & Income

Chapter 8- Measuring Total Production & Income. Distribution of GDP. Keeping Tabs on the Economy. You must be able to measure and track the economy in order to understand what is going on and react appropriately. In the U.S. the Bureau of Economic Analysis compiles this data.

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440 views • 31 slides

Economic Growth and the Financial system

Economic Growth and the Financial system. Economic Growth, the Financial System, and Business Cycles. Business cycle: Alternating periods of economic expansion and economic recession. Long-Run Economic Growth.

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479 views • 28 slides

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Alternating periods - PowerPoint PPT Presentation

Chapter 8- Measuring Total Production &amp; Income

Economic Growth and the Financial system

Chapter 8- Measuring Total Production & Income