econ macro3
asam67404
HW1_f17.docxAssignment #1
Principles of Macroeconomics
Due 9/11
Text Problems
Ch. 6: #1, 2, 19, 31
Ch. 7: #4, 24 (with the US as one of two countries)
Other Problems
1. Why do economists use real GDP rather than nominal GDP to gauge economic performance.
2. Explain whether you agree or disagree with the following statement: “In years when people buy many shares of stock, investment will be very high and, therefore, so will GDP.”
