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AP MacroEconomics Study Guide
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07 Measuring Domestic Output and National Income McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved
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II. Unit II A. Measuring Domestic Output, National Income, and the Price Level 1. Important facts about the GDP figure 2. Three accounting identities a
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Unit 2-1: Macro Measures 1. Macroeconomics is the study of the large economy as a whole. It is the study of the big picture. Instead of analyzing one
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