PPT-Circular Flow and Gross Domestic Product

Objective What is the circular flow diagram of the economy What is GDP and how do you calculate it CircularFlow Diagram All countries calculate a set of numbers known as the national income and product accounts The more reliable the accounts the more economically advanced the country is. GDP and Growth. Disclaimer: The views expressed are those of the presenters and do not necessarily reflect those of the Federal Reserve Bank of Dallas or the Federal Reserve System.. TEKS. (10) Economics. The student . In measuring Gross Domestic Product, goods produced by foreign firms in the United States areCounted, and so are goods produced by American firms in foreign countriesCounted, but goods produced by Ame Gross Domestic Product (GDP). The measures were developed in the 1930’s.. Originally the Gross National Product (GNP) was used. . Since the 1990’s the GDP has been the official measure.. The GDP is measured quarterly.. 1. . Goods and services flow from . a. firms to households via the factor . market . b. . firms to households via the product market . c. . households to firms via the government. d. households to firms via the factor . The . open economy circular flow model. The . markets. National . account aggregates and conversions. The . multiplier:. Definition . of multiplier effect. Explanation . of the multiplier process aided with . Source. : OECD Health Data 2011 (June 2011).. Health Care Spending as a Percentage of GDP. , 1980–2009. Percent. THE. COMMONWEALTH. FUND. Disclaimer: The views expressed are those of the presenters and do not necessarily reflect those of the Federal Reserve Bank of Dallas or the Federal Reserve System.. TEKS. (10) Economics. The student . INTERNATIONAL WORKSHOP ON REGIONAL PRODUCTS & INCOME ACCOUNTS. 13 – . 17 MAC 2010. DEPARTMENT OF STATISTICS, MALAYSIA. 1. Contents. Background. Scope & coverage. Concepts. Compilation methods. WEEK AT A GLANCE. CITIZENSHIP WORD. KINDNESS. LEARNING TARGETS. A. EVALUATE HOW LITERACY RATES EFFECT THE STANDARD OF LIVING. B. EXPLAIN THE RELATIONSHIP BETWEEN INVESTMENT IN HUMAN CAPITAL (EDUCATION AND TRAINING) AND GROSS DOMESTIC PRODUCT (GDP). These non-GAAP financial measures are provided to enhance investors’ overall understanding of the Company’s historical operations and financial performance and, as presented, may not be comparable to similarly titled measures of other companies due to varying methods of calculation.. - Monsoon, 2018 (Discharged into River Ganga) State/ Phase/Segment No. of Priority Towns No. of Drain Monitored No. of Priority Drains Flow of Priority Drains ( MLD ) BOD Load of Priority Drain Domestic sewage: it is that liquid which originates from dwellings, business buildings and institutions. . Dry weather flow: Domestic + industrial + infiltration.. Wet weather flow: Domestic +Industrial + Infiltration + Rain. . Two Sector Model. Santosh Borkakati. Asst. Professor. Department . of . Economics. Mangaldai College. Two Sector Model. Economy divided into two sectors. Economy. Production . or . Business Sector. Household . macroeconomics. The study of economic behavior and decision-making in a nation’s whole economy. Objectives. Explain how gross domestic product (GDP) is calculated. Interpret GDP Data. Identify factors that influence GDP.