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I. Old stuff needed to review a. The measurement economists use to measure the national output of an economy is called ______________________________ where ___________ uses

I. Old stuff needed to review a. The measurement economists use to measure the national output of an economy is called ______________________________ where ___________ uses this year's prices while _____________ compares the output using a base year. b. The 3 broad macro goals include i. __________________ ii. __________________ iii. __________________ c. Vocab i. _________________-spending more than you are taking in (can be a governmental issue also, if the government _______________ more than they collect in __________ revenue, they are running a yearly deficit ii. ____________ ____________

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