0 Leader: GDP Economics: GDP as an Economic Indicator Why GDP and not GNP? What is Gross Domestic Product (GDP)? How is GDP related to a nations total.
Gross Domestic Product (Measure of Economic Activity) Web: Monthly revisions, annual revisions in July, benchmark changes.
0 A thinker to get us started… What is inflation? A problem with GDP: Every year, inflation causes prices of goods & services to rise, so GDP rises.
1.The Fed can control the money supply with open market operations the reserve requirement the discount rate 2.Portfolio theories of money demand.
Gross Domestic Product (Part 2). Real versus Nominal GDP Inflation can distort economic variables like GDP, so we have two versions of GDP: One is corrected.
SSEMA1, SSEMA2, SSEMA3-EOCT Review
The Data of Macroeconomics
Review of the previous lecture
Review of the previous Lecture
