课件文稿经济学宏观chapter.pptxVIP

Chapter 4;What is Gross Domestic Product? ;Transactions among households, firms, governments, and the rest of the world.? Y = C + I + G + X – M;Why Is Domestic Product “Gross”? “Gross” means before deducting the depreciation of capital. - Depreciation is the decrease in the value of a firm’s capital that results from wear and tear and obsolescence. The opposite of gross is net. “Net” means after deducting the depreciation of capital. - Net investment = Gross investment ? Depreciation;Measuring GDP - 1;Nominal GDP v.s. Real GDP Real GDP is the value of final goods and services produced in