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Real gdp gdp expressed - PowerPoint PPT Presentation

How do we know if the economy is healthy ?

Bell Ringer. How do we know if the economy is healthy ?. How do we know if the economy is healthy?. Objectives. Explain how gross domestic product (GDP) is calculated. Distinguish between nominal and real GDP. List the main limitations of GDP.

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435 views • 41 slides

Chapter 12: Gross Domestic Product and Growth Section 1

Chapter 12: Gross Domestic Product and Growth Section 1. Objectives. Explain how gross domestic product (GDP) is calculated. Distinguish between nominal and real GDP. List the main limitations of GDP. Identify factors that influence GDP. Describe other output and income measures.

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638 views • 19 slides

Economics 12 Ch.9

Economics 12 Ch.9. Ms. Park. Next presenters. Linda, Tommy. Q&A. What do you think is the difference between GDP and GDP per capita?. GDP. Any guesses for top 10 countries?. GDP. 1. United States $16,244,600 million 2. China 8,227,200 million

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258 views • 17 slides

Chapter 12: Gross Domestic Product and Growth Section 1

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178 views • 17 slides

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Real gdp gdp expressed - PowerPoint PPT Presentation

How do we know if the economy is healthy ?

Chapter 12: Gross Domestic Product and Growth Section 1

Economics 12 Ch.9

Chapter 12: Gross Domestic Product and Growth Section 1