Question
1. Select TWO of the following contrasting measuresof the macroeconomy of a country. Give a numerical example of how each is measured. Compare figures for
1. Select TWO of the following contrasting measuresof the macroeconomy of a country. Give a numerical example of how each is measured. Compare figures for two contrasting countries using each measure that you have selected. Account for the differences
GDP at constant prices or real GDP.
GDP per capita.
Economic growth
.Economic welfare or standard of living
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
