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A NATION’S ECONOMY. GDP. ECONOMIC INDICATORS - Coggle Diagram
A NATION’S ECONOMY. GDP. ECONOMIC INDICATORS
country's economy
millions of economic units
spending
income
production
Macroeconomics
GDP
inflation
unemployment
GDP
methods
1)Y = C + I + G + X
Consumption
Investment
Government
X ( imports minus exports)
2)income-cost
summing the income
earned
total value
G/S
GDP
key indicator
economic health
influencing markets
investor decisions
indicators
Leading
coincident
lagging