CH 13: Measuring the Economoy

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CH 13: Measuring the Economoy by Mind Map: CH 13: Measuring the Economoy

1. 13.4-- What Does the Inflation Rate Reveal About an Economy’s Health?

2. 13.5-- How Does the Business Cycle Relate to Economic Health?

3. 13.2-- How Do Economists Measure the Size of an Economy?

3.1. GDP is an economic indicator that measures a country's total economic output. Gross domestic product is the market value of all final goods and services produced within a country during a given period of time.

4. 13.3-- What Does the Unemployment Rate Tell Us About an Economy’s Health?