/
Chapter 8 Macroeconomic Measurement Chapter 8 Macroeconomic Measurement

Chapter 8 Macroeconomic Measurement - PowerPoint Presentation

zoe
zoe . @zoe
Follow
67 views
Uploaded On 2023-10-31

Chapter 8 Macroeconomic Measurement - PPT Presentation

Table 81 Gross Domestic Product Spending Approach 2018 Source US Bureau of Economic Analysis National Income and Products Account Table 115 October 4 2019 Note Totals may not add up exactly due to rounding ID: 1027755

table gdp bureau figure gdp table figure bureau analysis 2019 development data statistics capita income labor economic 2018source product

Share:

Link:

Embed:

Download Presentation from below link

Download Presentation The PPT/PDF document "Chapter 8 Macroeconomic Measurement" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

1. Chapter 8Macroeconomic Measurement

2. Table 8.1 Gross Domestic Product, Spending Approach, 2018Source: U.S. Bureau of Economic Analysis, National Income and Products Account, Table 1.1.5, October 4, 2019. Note: Totals may not add up exactly due to rounding.

3. Table 8.2 Calculation of Nominal GDP in an “Apples-and-Oranges” Economy

4. Table 8.3 Calculation of Constant-Dollar Real GDP

5. Figure 8.1 Real versus Nominal GDP, Chained 2009 Dollars, 1980–2018Source: U.S. Bureau of Economic Analysis National Income and Product Accounts, Tables 1.1.5 and 1.1.6.

6. Figure 8.2 Rate of change in GDP deflator vs. CPI, 1960-2018Source: U.S. Bureau of Economic Analysis, National Income and Product Accounts Tables 1.1.4 and U.S. Bureau of Labor Statistics, Table on CPI-All urban consumers.

7. Figure 8.3 Who is in the Labor Force?Source: U.S. Bureau of Labor Statistics, The Employment Situation – September 2019, News Release.

8. Table 8.4 Unemployment Rates for Different GroupsSource: BLS News Release, “The Employment Situation—September 2019,” October 8, 2019. * People are allowed to indicate more than one racial group. However, data from people who indicated more than one race are not included in these statistics. **Data on unemployment by education is for the age-group 25 years and over.

9. Figure 8.4 Average Subjective Well-Being and GDP per CapitaSources: SWB from World Values Survey online data analysis, 2005–2008 survey wave; GDP from World Development Indicators online database.Note: The trend line is a statistically fitted line showing a “best fit” estimate of the relationship between the two variables on the graph, GDP per capita and SWB.

10. Table 8.5 Genuine Progress Indicator ($2012 per Capita), United States 2014Source: Talberth and Weisdorf, 2017.

11. Figure 8.5 GPI vs. GDP per Capita, 1950-2004Source: Talberth, John, Clifford Cobb, and Noah Slattery. 2007. “The Genuine Progress Indicator 2006: A Tool For Sustainable Development.” Redefining Progress. February, 2007.

12. Figure 8.6 BLI for Selected Countries, 2015Source: OECD, 2015.

13. Figure 8.7 Selected Countries as Ranked in the Human Development IndexSource: UNDP, Human Development Report, 2016 data.