1 National Income Accounting National Income and Product Accounts (NIPA) measure output and income in the U.S. Simon Kuznets led team that established.
MACRO ECONOMICS The Big Picture 1. The BIG Questions Should we raise or lower interest rates? Should we decrease or increase taxes? Are there too many.
1 MACROECONOMICS!. Macroeconomics: the study of the economy as a whole. Goals: 1.Measure health of the economy 2.Guide government policy 2.
