1. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. Chapter 1 What Is Macroeconomics?

2. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-2 Figure 1-1 The Relation Between Actual and Natural Real GDP and the Inflation Rate

3. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-3 Figure 1-2 The Behavior over Time of Actual and Natural Real GDP and the Actual and Natural Rates of Unemployment

4. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-4 Figure 1-3 Business Cycles in Volatilia and Stabilia

5. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-5 Figure 1-4 Basic Business-Cycle Concepts

6. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-6 Figure 1-5 Economic Growth in Stag-Nation and Speed-Nation

7. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-7 Figure 1-6 Actual and Natural GDP and Unemployment, 1900–2004 (1 of 2)

8. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-8 Figure 1-6 Actual and Natural GDP and Unemployment, 1900–2004 (2 of 2)

9. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-9 Figure 1-6 Actual and Natural GDP and Unemployment, 1900–2004

10. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-10 Figure 1-7 The Unemployment Rate from 1929–41 Compared with 1992–2004

11. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-11 Figure 1-8 The German Price Level, 1920–23

12. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-12 Figure 1-9 Per-Capita Real GDP, South Korea and the Philippines, 1960–2005

13. Copyright © 2006 Pearson Addison-Wesley. All rights reserved. 1-13 International Perspective How Does U.S. Economic Performance Stack Up?