The Big Picture, Tracking the Macroeconomy
General Instructions:
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- Unless specified differently by your course instructor, save this assignment template to your computer with the following file naming format: Course number_section number_last name_first name_unit number
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- Insert your answers in the appropriate space provided for the question. Your answers should:
- follow current APA format with citations to your sources,
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Assignment:
This assignment addresses how economists measure various nations economies using measures such as Gross Domestic Product (GDP). In doing so, it highlights the various components of the GDP, the difference between nominal and real GDP, and the limitations of the GDP as a measure of national income
