宏观经济学第2章宏观经济学的数据资料.pptVIP

* * * Be sure to point out that the data are the percentage changes, not the levels, of the CPI and the GDP deflator. In 1980, the CPI increased much faster than the GDP deflator. Ask students if they can offer a possible explanation. In 1955, the CPI showed slightly negative inflation, while the GDP deflator showed positive inflation. Ask students for possible explanations. For possible answers, just refer to previous slide. * * * * * * If you teach the stocks vs. flows concepts, this is a good example of the difference. * * Transfer payments are included in “government outlays,”