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Gross Domestic Product Definition of Gross Domestic Product Why are Changes in Real Gross Domestic Product Important? Explanations of GDP and its Components.

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Presentation on theme: "Gross Domestic Product Definition of Gross Domestic Product Why are Changes in Real Gross Domestic Product Important? Explanations of GDP and its Components."— Presentation transcript:

1 Gross Domestic Product Definition of Gross Domestic Product Why are Changes in Real Gross Domestic Product Important? Explanations of GDP and its Components GDP as a Measure of Well-being http://www.bea.gov/briefrm/gdp.htm

2 The Unemployment Rate Definition Of The Unemployment Rate The Costs of Unemployment Types of Unemployment http://data.bls.gov/servlet/SurveyOutputS ervlet?request_action=wh&graph_name =LF_cpsbref3http://data.bls.gov/servlet/SurveyOutputS ervlet?request_action=wh&graph_name =LF_cpsbref3

3 The Inflation Rate Definitions of Inflation and the Consumer Price Index Costs of Inflation Causes of Inflation Other Measures of Inflation http://data.bls.gov/servlet/SurveyOutputS ervlet?request_action=wh&graph_name =CU_cpibriefhttp://data.bls.gov/servlet/SurveyOutputS ervlet?request_action=wh&graph_name =CU_cpibrief

4 Productivity Definitions of Productivity Importance Of Productivity Changes For Economic Growth Historical Data Trends Recent Trends http://www.bls.gov/news.release/prod2.nr 0.htmhttp://www.bls.gov/news.release/prod2.nr 0.htm


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