宏观经济学原理第7版课件 Chapter 2.pptVIP

Gross Domestic Product is the best measure of how well the economy is performing. The Bureau of Economic Analysis (part of the U.S. Dept. of Commerce) calculates GDP via administrative data, which are byproducts of government functions such as tax collection, education programs, defense, and regulation, and statistical data, which come from government surveys of, for example, retail establishments manufacturing firms and farm activity. GDP and Its Components In 2007, U.S. GDP totaled about 13.8 trillion. This number is incomprehensible. So, if we divide this number by the total population of