8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

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Transcript of 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Page 1: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

8

THE DATA OF MACROECONOMICS

Page 2: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Copyright © 2006 Thomson Learning

2323Measuring a Nation’s Income

Page 3: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Figure 1 The Circular-Flow Diagram

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Page 4: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 1 GDP and Its Components

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Page 5: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 2 Real and Nominal GDP

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Page 6: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 2 Real and Nominal GDP

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Page 7: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 2 Real and Nominal GDP

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Page 8: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 2 Real and Nominal GDP

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Page 9: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Figure 2 Real GDP in the United Kingdom

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Page 10: 8 THE DATA OF MACROECONOMICS. Copyright © 2006 Thomson Learning 23 Measuring a Nation’s Income.

Table 3 GDP, Life Expectancy, and Literacy

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Chapter 6 Open-Economy Macroeconomics: Basic Concepts © 2007 Thomson South-Western.

Chapter 6 Open-Economy Macroeconomics: Basic Concepts © 2007 Thomson South-Western.

Measuring a Nation’s Income: Nominal vs. Real GDP, Applications and Implications Introduction to Political Economy: Macroeconomics Washington University.

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Principles of Economics Macroeconomics Introduction to Macroeconomics

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Measuring a Nation’s Income · 2 Harcourt, Inc. items and derived items copyright © 2001 by Harcourt, Inc. Macroeconomics!Macroeconomics is the study of the economy as a whole.

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