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Compute GDP by completing #4 & #5 in Problems (p. 152) Differentiate between real and nominal GDP using the table 7.6 (p. 144) Complete #7
- Compute GDP by completing #4 & #5 in Problems (p. 152)
- Differentiate between real and nominal GDP using the table 7.6 (p. 144)
- Complete #7 in Problems by finding real GDP (p. 153)
- Discuss the answers to components of GDP as to whether they will be included in either income or expenditure approaches in back of chapterr.
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