Thursday, November 3, 2011

Econ SW

Given on Nov. 3,  2011, due Nov. 8, 2011 (first meeting next week)

Provide the formula and an explanatory/illustrative example for computing


  1. Real GNP
  2. Nominal GNP
  3. GNP Deflator
  4. Expenditure Approach in computing GNP
  5. Income Approach in GNP
  6. Value-Added Approach in computing GNP
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