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Compute validity of using gdp as measure of economic output

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Reference no: EM131256281

Assignment

Create a PowerPoint presentation of 12-15 slides (not including the title and reference slides) discussing Economic Growth and Market Dynamics. Include the following:

1. What is GDP and how is it measured?

2. Evaluate the validity of using GDP as a measure of economic output.

3. Explain how the consumer price index and GDP work together to measure price index change from year to year.

4. Assess the importance of the business cycle relating to the labor market and economic activity.

5. Select one formula for a key labor market indicator and give an example. Use the formula to explain how the labor market indicator measures labor force participation.

Be sure to include graphs, charts and other visuals in your presentation that will enhance your analysis. Must include slide notes containing explanations and rationale.

Be sure to cite three to five relevant scholarly sources in support of your content.

Reference no: EM131256281

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