1. AP ECONOMICS: September 19
Warm-up Muffy decides to buy $10,000 of Microsoft stock. E-trade (an online discount broker) charges Muffy a $9.99 commission to broker the sale. What part of the transaction (if anything) counts in the current year’s GDP?
Learning Target
In order to understand how to measure and evaluate economic performance, I will analyze the nuances of the Gross Domestic Product (GDP). I will know I have it when I can: (1) determine whether or not an activity counts in the GDP; and (2) list and analyze the components that make up the GDP.
--what does the “g” mean in “Ig”?
(Reference HO from yesterday)
--GDP Practice -Worksheet 10.3 (HO)
Assignment:
--read Modules 12 & 13; GC video