Ch05-MeasuringEconomicActivity解析.ppt

* Most economists, policymakers, social scientists, and businesspersons use a country’s real GDP per capita as the main indicator of the average person’s standard of living in that country. * * Very scathing words, indeed! * Very scathing words, indeed! * * Much of what Robert Kennedy said about GDP is correct. * Much of what Robert Kennedy said about GDP is correct. * * * * * * * * * * Suggestion: Show students the data in the first three columns of the table. Before showing them the cost of basket calculations, tell them to take 3 minutes to compute the cost of the basket in e