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Texas Gateway: Chapter 5: Introduction to the Macroeconomic Perspective

Curated by ACT

In this chapter, you will learn about the following: Measuring the size of the economy with gross domestic product, adjusting nominal values to real values, tracking real gross domestic product over time, comparing gross domestic product among countries, and how well gross domestic product measures the well-being of society.

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Classroom Considerations
  • Knovation Readability Score: 3 (1 low difficulty, 5 high difficulty)