中级宏观经济学PPT-02.pptVIP

Learning objectives;Gross Domestic Product;Why expenditure = income;The Circular Flow;Value added;Exercise:;Exercise Answer;The Measurement of GDP;The Measurement of GDP;The Measurement of GDP;The Measurement of GDP;The Measurement of GDP;The Components of GDP;Consumption (C);U.S. Consumption, 2001;Investment (I);U.S. Investment, 2001;Investment vs. Capital;Investment vs. Capital;Stocks vs. Flows;Government spending (G);Government spending, 2001;Net exports (NX = EX - IM);China’s net exportssource: IFS;An important identity;Measure of National Income;US GDP and Its Components (2004);Composit