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Chapter 6

ECN 204 Chapter Notes - Chapter 6: Industrial Revolution, Nominal Rigidity, Shampoo


Department
Economics
Course Code
ECN 204
Professor
Eric Kam
Chapter
6

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Chapter 6
Real GDP


o
o 
! "


#$
o%&#'('$

)*
o%+,
o%+
$,
o-.+$
,
o#+/
$,
o)
,
The Miracle of Economic Growth
0-1(0
 (0
())
/

o23
 4
Purchasing power parity2PPP35
4purchasing power
'
Saving, Investment and Choosing between present and
Future consumption
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