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