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Lecture 20

EC140 Lecture Notes - Lecture 20: Gross Domestic Product, Counting Measure, Retained Earnings


Department
Economics
Course Code
EC140
Professor
All
Lecture
20

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Measuring GDP in a Complex Economy






Measuring Value Added


 !

GDP- A Measure of Total Output

 "
 
" 
Measuring Expenditures
"
#
"
#
#$ 

#"
#
"
#"
#
Measuring Income
%
#
#
#
&%
#
#"
'
GDP and GNP

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