PowerPoint to accompany Chapter 13 Aggregate Demand and Aggregate Supply Analysis.
Chap 21
MACRO-ECONOMICS The Business Cycle IB ECONOMICS – A COURSE COMPANION 2007 – OXFORD UNIVERSITY PRESS.
VCE Economics Unit 1 Area of Study 2. Gross Domestic Product (GDP): The figure used to measure a countries’ economy Gross=Total Domestic=Local Product=Item.
Business Cycle. Measuring Economic Activities Gross Domestic Product (GDP): The total market value($ value) of all the goods and services produced within.
