Economics – 12/19/19
I. Bellwork Q&A
A. Schumer introduces bill requiring GDP measure inequality
- Explain why is this bill necessary according to its supporters?
- How will this new bill change the way GDP information is provided?
II. Objectives:
- Explain and calculate the difference between Nominal and Real GDP
- Analyze Nominal and Real GDP to determine which provides a more accurate measure of productivity
III. Discussion/Notebook:
Difference between Nominal &. Real GDP
IV. Classwork – iLearn Chapter 12 Folder
Activity 11.3
V. GDP Quiz on iLearn
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