This Chapter 7: Measuring Domestic Output, National Income, and the Price Level presentation also includes:
- Graphic & Image
- Join to access all included materials
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a percent of GDP, as well as a discussion about an expenditures approach versus an income approach to economics.