Economic Indicators & the Business Cycle

GDP, unemployment, inflation, and the business cycle

This section contains 2 topics with 0 subtopics, 0 practice problems and 0 flashcards. Each topic includes comprehensive written notes, worked examples with detailed solutions, and interactive lessons for hands-on practice.

Topics Covered

• GDP & Economic Growth — GDP measurement (expenditure and income approaches), nominal vs real GDP, GDP deflator, and limitations
• Unemployment & Inflation — Types of unemployment, natural rate, CPI, inflation types, and the business cycle

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