Gross Domestic Product 📊

🎯 Learning Targets

• Determine how governments calculate gross domestic product
• Explain some of the limitations of gross domestic product
• Identify other statistics economists use to measure the economy

⏰ What We Did

• Watched and took instructional notes on Lesson 9, Part 1: Gross Domestic Product
• Computed GDP from given C, I, G, X, and M data

⚙️ Resources

• Lesson 9 Instructional Notes
• Lesson 9, Part 1: Gross Domestic Product
• Calculating Gross Domestic Product (A-14)

💻 Homework

• Watch and take notes on Lesson 9, Part 2: Business Cycles, before class tomorrow