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ID:13404022
大小:6.81 MB
页数:302页
时间:2018-07-22
《曼昆《经济学原理》第五版宏观经济学习题答案(英文)》由会员上传分享,免费在线阅读,更多相关内容在教育资源-天天文库。
1、23MEASURINGANATION’SINCOMEWHAT’SNEWINTHEFIFTHEDITION:ThereismoreclarificationontheGDPdeflator.TheCaseStudyon“WhoWinsattheOlympics?”isnowanFYIbox.LEARNINGOBJECTIVES:Bytheendofthischapter,studentsshouldunderstand:Øwhyaneconomy’stotalincomeequalsitstotalexpenditure.Øhowgro
2、ssdomesticproduct(GDP)isdefinedandcalculated.ØthebreakdownofGDPintoitsfourmajorcomponents.ØthedistinctionbetweenrealGDPandnominalGDP.ØwhetherGDPisagoodmeasureofeconomicwell-being.CONTEXTANDPURPOSE:Chapter23isthefirstchapterinthemacroeconomicsectionofthetext.Itisthefirst
3、ofatwo-chaptersequencethatintroducesstudentstotwovitalstatisticsthateconomistsusetomonitorthemacroeconomy—GDPandtheconsumerpriceindex.Chapter10developshoweconomistsmeasureproductionandincomeinthemacroeconomy.Thefollowingchapter,Chapter11,developshoweconomistsmeasurethel
4、evelofpricesinthemacroeconomy.Takentogether,Chapter10concentratesonthequantityofoutputinthemacroeconomywhileChapter11concentratesonthepriceofoutputinthemacroeconomy.Thepurposeofthischapteristoprovidestudentswithanunderstandingofthemeasurementandtheuseofgrossdomesticprod
5、uct(GDP).GDPisthesinglemostimportantmeasureofthehealthofthemacroeconomy.Indeed,itisthemostwidelyreportedstatisticineverydevelopedeconomy.KEYPOINTS:·Becauseeverytransactionhasabuyerandaseller,thetotalexpenditureintheeconomymustequalthetotalincomeintheeconomy.·Grossdomest
6、icproduct(GDP)measuresaneconomy’stotalexpenditureonnewlyproducedgoodsandservicesandthetotalincomeearnedfromtheproductionofthesegoodsandservices.Moreprecisely,GDPisthemarketvalueofallfinalgoodsandservicesproducedwithinacountryinagivenperiodoftime.·GDPisdividedamongfourco
7、mponentsofexpenditure:consumption,investment,governmentpurchases,andnetexports.Consumptionincludesspendingongoodsandservicesbyhouseholds,withtheexceptionofpurchasesofnewhousing.Investmentincludesspendingonnewequipmentandstructures,includinghouseholds’purchasesofnewhousi
8、ng.Governmentpurchasesincludespendingongoodsandservicesbylocal,state,andfederalgovernments.Netexportsequalthev
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