Federal Reserve Bank
GDP: Does It Measure Up?
Here is resource that offers a very clear explanation for how economists measure economic growth by comparing real GDP over time. There is also an additional worksheet that details the expenditure method and four components for...
Curated OER
Chapter 7: Measuring Domestic Output, National Income, and the Price Level
Young economists will enjoy this approachable and informative presentation. It is full of helpful graphs and definitions. Especially interesting will be the graph that measures the global perspective of the underground economy as a...
Curated OER
Economic Health Indicators: GDP and CPI Worksheet
Examine the nation's economic health using this GDP and CPI instructional activity, which features helpful graphic depictions of complex concepts. The first 2 pages include 17 short-answer questions intended to guide reading from a text...