5 asssignments 3rd week
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Ch11.pptMeasuring Macroeconomic Activity
Chapter11
© 2014 Pearson Education, Inc.
chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.1 GDP and the Circular Flow
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.1 Nominal Versus Real GDP
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.2 U.S. Nominal vs. Real GDP(2005 =100)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.3A 2010 Nominal Gross Domestic Product (GDP) for Selected Countries
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.3B 2010 Nominal Gross Domestic Product (GDP) per Capita for Selected Countries
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.4 U.S. Real GDP and Recessions
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.2 Gross Domestic Product and Its Components,2011 Expenditure or Output Measurement
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.5 Real GDP Growth—2000 to 2012.1 (annual growth rates in percent)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.6 Average Growth of Real GDP Components—2000 to 2012.1 (annual growth rates in percent)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.3 Gross Domestic Product and Its Components, 2011 Earnings or Income Measurement
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
EQUATION 11.1 Alternative Measures of GDP
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
EQUATION 11.2 Alternative Measures of GDP
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.7 Annual Percentage Change in the GDP Deflator (ratio of current $ to chained 2005 $ = 100)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.4 Price Deflators for GDP and Its Components, 2005–2011
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.8 Trends in Consumer Inflation Rates (annual percentage changes of monthly data using the CPI)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
EQUATION 11.3 Other Important Macroeconomic Variables
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.5 Percent Change in Expenditure Category,May 2011–May 2012 (Unadjusted)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.9 Trends in Wholesale Inflation Rates (annual percent changes of monthly data using the PPI)
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
FIGURE 11.10 Labor Force Characteristics, 2011
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
EQUATION 11.4 Measures of Employment and Unemployment
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chapter 11 Measuring Macroeconomic Activity
© 2014 Pearson Education, Inc.
TABLE 11.E1 Nominal Versus Real GDP
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