AP MacroEconomics Study Guide
Chapter 12 Gross Domestic Product and Growth. Gross Domestic Product Goods and services produced within the borders of a country Geography-not citizenship.
macro 2 1 intro to macro and gdp
Chapter 12: GDP and Growth PART I: THE GDP. Welcome to the world of Macroeconomics!
Please write your name on the assignment sheet. Staple sheet to project. Turn in project.
07 Measuring Domestic Output and National Income McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
II. Unit II A. Measuring Domestic Output, National Income, and the Price Level 1. Important facts about the GDP figure 2. Three accounting identities a.
NATIONAL INCOME & GDP. National Income Accounting Measures the Economy’s overall performance Like a personal accountant….. But for the economy Bureau.
Unit III Macro Review--GDP Questions provided by students.
Module 10 THE CIRCULAR FLOW MODEL AND GROSS DOMESTIC PRODUCT.
MACRO ECONOMICS 1. Sing Along! The study of the… whole economy… Is...called..MA-CRO M A – C R O MACRO is the name-o! 2.
Unit 2-1: Macro Measures 1. Macroeconomics is the study of the large economy as a whole. It is the study of the big picture. Instead of analyzing one.
