GDP - Activity and Explanation

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GDP - Activity and Explanation
GDP - Activity and Explanation
GDP - Activity and Explanation
GDP - Activity and Explanation
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0.02 MB   |   3 pages

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This file gives a one page description of GDP using the Expenditure approach (C+I+G+NX). It then has an activity giving students different scenarios and asking them to choose if the event should be counted towards GDP, which component it belongs in and whether it will increase or decrease GDP. Finally, six questions follow discussing GDP - defining, how it overstates and understates output and criticisms against GDP. An answer key is provided on the last three sheets.
Total Pages
3
Answer Key
Included
Teaching Duration
45 Minutes

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GDP - Activity and Explanation
GDP - Activity and Explanation
GDP - Activity and Explanation
GDP - Activity and Explanation