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Chapter 8 Measuring the Economys Performance. 8-2 Learning Objectives Describe the circular flow of income and output Define gross domestic product (GDP)
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Copyright © 2012 Pearson Addison-Wesley. All rights reserved. Chapter 8 Measuring the Economy’s Performance
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Chapter 8 Chapter 8: Measuring the Economy’s Performance ECON 151 – PRINCIPLES OF MACROECONOMICS Materials include content from Pearson Addison-Wesley
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Chapter 8: Measuring the Economy’s Performance ECON 151 – PRINCIPLES OF MACROECONOMICS Materials include content from Pearson Addison-Wesley which has
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Slide 8-1 The Simple Circular Flow. Slide 8-2 The Simple Circular Flow
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Begin $100 $200 $300 $400 $500 GraphsSupplyAndDemandPoliciesAndMarkets Economies ImportantKeyTermsGDP
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Chapter 8 Measuring the Economy’s Performance. Slide 8-2 Introduction Gross domestic product is the statistic most often used to indicate the economy’s
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Chapter 8 Measuring the Economy’s Performance. Copyright © 2008 Pearson Addison Wesley. All rights reserved. 8-2 Introduction Economists and financial
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