Economics – 12/19/19

I. Bellwork  Q&A

A. Schumer introduces bill requiring GDP measure inequality

  1.  Explain why is this bill necessary according to its supporters?
  2.  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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