Chapter Measuring a Nation’s Income 15. Microeconomics vs. Macroeconomics Microeconomics – Study of how households and firms Make decisions Interact in.
Measuring a Nation’s Income
Global Economic Issues Gregory W. Stutes. Global Village Do we live in a global village? – Do events around the world affect us as quickly as if they.
Chapter Measuring a Nation’s Income 10. The Economy’s Income and Expenditure Gross Domestic Product (GDP) – Measures the total income of everyone in the.
