上海交通大学宏微观经济学课件第8篇 宏观经济的数据.pptVIP

* * * This example is similar to that in the text, but using different goods and different numerical values. Suggestion: Ask your students to compute nominal GDP in each year before revealing the answers. Ask them to compute the rate of increase before revealing the answers. In this example, nominal GDP grows for two reasons: prices are rising, and the economy is producing a larger quantity of goods. Thinking of nominal GDP as total income, the increases in income will overstate the increases in society’s well-being because part of these increases are due to inflation. We need a