Remake of Unit 5 Review by https://padlet.com/aprilesteel/7372p88u16gn001y Nominal GDP, Real GDP, Net Exports en-us 2020-10-23 18:39:28 UTC 2026-02-10 05:06:03 UTC hello@padlet.com Inflation: aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972444 Click on the Inflation link below. Read through the information, and answer the following questions by clicking the + sign below this post. Be sure to include your name and block. 
1. Explain what inflation is.
2. How do economists measure inflation? 
3. What are the two causes of inflation? Explain what each is.]]> 2020-10-23 18:39:28 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972444 Nominal GDP vs. Real GDP: aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972449 Watch the video below, then in detail, answer the following questions by clicking the + sign below this post. Be sure to include your name and block.
1. What is nominal GDP?
2.  What is Real GDP? 
3. Which GDP is a better measure of an economy's growth? Why?]]> 2020-10-23 18:39:28 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972449 What is GDP? aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972451 Open and view the Infographic below, then answer the questions that follow by clicking the + sign below this post. Be sure to include your name and block.
1. What does GDP stand for?
2. What does GDP measure? What is its purpose?
3. What is the calculation to measure GDP? What does each letter stand for?
4. Are imports part of the calculations of a nation's GDP? How do imports impact a nation's GDP?
5. What types of goods/services are not counted in GDP?]]> 2020-10-23 18:39:28 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/856972451 Aprile Steel aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865504214 1. Gross Domestic Product ]]> 2020-10-27 13:08:47 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865504214 Question 2 aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865554239 2020-10-27 13:20:07 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865554239 Question 3 aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865554590 2020-10-27 13:20:12 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865554590 1. 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865571769 2020-10-27 13:24:05 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865571769 Question 1- Kamri Rogers 2021kamrirogers https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572295 2020-10-27 13:24:13 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572295 Jayme Evanoff 2021jaymeevanoff https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572313 1. Gross Domestic Product
2. The total value of all final goods and services produced within a country´s borders in a given time period.
3. C+I+G+(X-M)= GDP
C-Personal Consumption Expenditures
I-Private Investment 
G-Government Expenditures
(X-M)- Foreign/Net Exports
GDP-Gross Domestic Product
4. Yes imports are counted by subtracting them from exports.
5.Intermediate goods, previously used goods, pure financial transactions, and transfer payment.]]> 2020-10-27 13:24:13 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572313 Savannah Martin 2021savannahmartin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572494 1. Gross Domestic Product
2. The total value of all goods and services produced within a country's borders in a given time period. To Measure Economic growth.
3.C + I + G + (X-M).
Consumer, Investment, Government, and Net Exports.
4. Imports are not included in a nation's GDP, only exports are.
5. Intermediate goods, Previously used goods, Pure financial transactions, and transfer payment are not counted for the GDP.]]> 2020-10-27 13:24:15 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572494 Ci 2022christopherkerce https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572559 2020-10-27 13:24:16 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865572559 1. 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865575306 Gross Domestic Products]]> 2020-10-27 13:24:54 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865575306 Frances Burkhalter 1st Block 2021francesburkhalte https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576698 1. Gross Domestic Product
2. The total value of all final goods and services produced within a country's borders in a given time period
3. C+I+G+(X-M) Consumer, Investment, Government, and Foreign goods
4. Imports are not included in a nation's GDP, only exports
5.Intermediate goods, previously used goods, pure financial transactions, and transfer payments are not counted]]> 2020-10-27 13:25:14 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576698 CZ 2021catyazacarias https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576929 1. Gross Domestic Product
2. total values of goods and services within a country borders
3.C+I+G+(X-M) consumption, investment, gov't, exports&imports
4. Yes the imports does calculate of the GDP
5.Intermediate goods, previously used goods,financial transaction, and Transfer payment]]> 2020-10-27 13:25:17 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576929 1 2021franciscoestrada https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576959 2020-10-27 13:25:18 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865576959 Q1 Andrew Renfro 2021andrewrenfro https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577209 1.Gross domestic product 
2.The total value of all final goods and services produced within a countrys borders in a given time period.
3.C + I + G (NX) personal consumption expenditures private investment government expenditures net exports  
4. Imports are not apart of GDP
5 intermediate goods, previously used goods, pure financial transactions, transfer payments ]]> 2020-10-27 13:25:21 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577209 2022kylebarber https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577707 Brady Barber
1. gross domestic product
2. The total Value of all goods and services produced with a border
3. C+I+G+(X-M) Consumer, Investment, Government, and Foreign goods
4.  Imports are not included in a nation's GDP, only exports
5. Intermediate goods, previously used goods, pure financial transactions, and transfer payments are not counted for the GDP]]> 2020-10-27 13:25:28 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577707 Christopher Kerce 2022christopherkerce https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577890 2020-10-27 13:25:31 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865577890 matthew Ashley 2021matthewashley https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579164 1 Gross Domestic Product
2 value of final goods and services to see how the country is growing
3 C + G + I + NX consumption government Investment net exports
4 imports are not counted only exports
5 Illegal goods non market activities Used goods 
]]> 2020-10-27 13:25:48 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579164 1. Cisco 2021franciscoestrada https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579328 gross dp]]> 2020-10-27 13:25:50 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579328 Jake.S Q1 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579394 1.Gross Domestic Products
2.]]> 2020-10-27 13:25:51 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865579394 Spencer McGuire aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580253 2020-10-27 13:26:03 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580253 Gaven Clark 2021gavenclark https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580355 1. Gross Domestic Product
2. The total value of good and services in the country.
3. C+I+G+(X-M)
4. Yes they are calculated
5. Value of goods outside of the country.]]> 2020-10-27 13:26:05 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580355 Taylor Stone 2021taylorstone https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580512 1. Gross Domestic Product
2. Measures the current value of all final goods and services produced w/in a country in a given period, shows how the economy is doing 
3. C+I+G(x-m) consumers + Investments+ Government+ foreign(imports - exports) 
4. Yes imports are used in GDP,  Its used to find the foreign step of GDP
5.  intermediate goods, used goods, underground production, transfer payments are all examples of what is not included in GDP]]> 2020-10-27 13:26:08 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580512 Katelynn 2021katelynngay https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580693 1. gross domestic product
2. the total value of all goods and services produced within a country
3. c+i+G+nx , consumption, investment, gov spending, net exports
4.When a country imports goods, it buys them from foreign producers. The money spent on imports leaves the economy, and that decreases the importing nations gpd. Net exports can be either positive or negative.
5. intermediate goods, used goods, transfer payments, non market activities, illegal goods





]]> 2020-10-27 13:26:10 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865580693 Spencer McGuire aprilesteel https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865585178 1.
2.
3.
4.
5.]]> 2020-10-27 13:27:04 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865585178 Cisco 2021franciscoestrada https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586032 1. gross domestic product
2. gdp measures total goods and services produced within a countrys borders
3. C+I+G+(N-X)
C(consumption) I(investment) G(government) N-X( net exports)
4. yes it counts by subtracting it from the exports
5. intermediate goods, previously used goods, pure financial  transactions, transfer payment]]> 2020-10-27 13:27:15 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586032 Dalton sealey 2021daltonsealey https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586475 1. Gross Domestic product
2.the total value of a good and service produced within a country's boarder in a given time.
3. GDP= C+I+G+NX. C= personal consumption expenditures, I= Private investment, G= Government Expenditures, and NX= Net Exports
4. yes it counts by subtracting it from the nations gdp
5.intermediate goods and used goods are not included in gdp]]> 2020-10-27 13:27:20 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586475 Rachael Taylor 2021rachaeltaylor https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586809 1. Gross Domestic Product 
2. the total value of final goods and services produced within a given country's borders. The purpose is to give information about the size of the economy and how an economy is performing.
3. GDP= C+I+G+(X-M) C stands for Consumer. I stands for investment. G stands for government. X stands for Exports. M stands for Imports. 
4. Yes imports are calculated 
5. Intermediate goods and Used goods are not included in GDP. ]]> 2020-10-27 13:27:25 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865586809 Landon Colvin 2021landoncolvin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865590973 1.Gross Domestic Product 
2.The total value of all goods and services produced in a country's borders in a given time. It helps see how healthy our economy is.
3.C - Personal Consumption
    I - Private investment
    G - Government expenditures
NX - Net exports
4. You subtract imports for GDP and the make little difference
5. Intermediate Goods, Previously owned goods, Pure financial transactions, Transfer Payment]]> 2020-10-27 13:28:20 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865590973 Jake Steinberg 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865594438 1.Gross Domestic Products
2.The total value of all final goods and services produced within a countries borders.
3.To determine wether a country is growing or going into a recession.
4. Yes they do count as part of the nations GDP. Part 2- It decreases the nations importing GDP.
5.Intermediate goods,Previously used goods,Pure financial goods,Transfer payment.]]> 2020-10-27 13:29:10 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865594438 katelynn 2021katelynngay https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865619501 1. gdp at current market price 
2.an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year
3. real gpd, it measures what industries declined and which ones increase overtime ]]> 2020-10-27 13:34:40 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865619501 Frances Burkhalter 1st Block 2021francesburkhalte https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865620932 1. Nominal GDP measures the value of a nation's output produced in a year
2. Real GDP is the value of a nation's output in a particular year adjusted for changes in the price level from a base year
3. It is real GDP because it offers a more accurate measure of the actual quantity of the goods and services a nation produces
]]> 2020-10-27 13:35:00 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865620932 2022kylebarber https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865625277 Brady Barber

1. assessment of economic production in an economy but includes the current prices of goods and services in its calculation
2. When the Distortion of inflation have been removed 
3.  It is real GDP because it offers a more accurate measure of the actual quantity of the goods   ]]> 2020-10-27 13:35:58 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865625277 matthew ashley 2021matthewashley https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865625521 1 a general increase in prices and fall in the purchasing value of money.
2 CPI which measure the percentage change in the price of a basket of goods and services consumed by households.
3 Demand-pull and Cost-push]]> 2020-10-27 13:36:01 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865625521 Jake Steinberg 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865627766 1.Is an assessment of economic production in a economy but includes the current prices of goods and services.
2. is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year.
3.s one of the most widely used measures of an economy’s output or production.

]]> 2020-10-27 13:36:29 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865627766 Taylor Stone 2021taylorstone https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865632908 1. nominal GDP is
when GDP is not adjusted for inflation it's called Nominal GDP 
2. when distortions of inflation have been removed from GDP is called real GDP 
3.Real GDP measures economic growth, bc distortions of inflation have already been removed  ]]> 2020-10-27 13:37:33 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865632908 katelynn 2021katelynngay https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865634733 1.inflation is a general rise in the price level in an economy over a period of time, resulting in a sustained drop in the purchasing power of money
2. 
3. demand pull and cost push, Demand-pull conditions occur when demand from consumers pulls prices up. Cost-push occurs when supply cost force prices higher.]]> 2020-10-27 13:37:55 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865634733 Kamri Rogers 2021kamrirogers https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865636276 1. Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economic increase over some period of time.  
2. Inflation can be measured in many ways, but there are formulas to measure inflation mathematically. Change in inflation = (Final CPI Index Value/ Inital CPI value)
3. Rising prices are the root, however other causes include Demand- Pull (When demand for goods/services exceeds production  Capacity)
Cost Push (When production costs increase prices)
Built in (When prices rise, wages rise too, in order to maintain living costs)                              ]]> 2020-10-27 13:38:14 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865636276 Cisco 2021franciscoestrada https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640250 1. it measures value output produced ina year, expressed fo wat was charged durin dat year
2.  the value output fo a particular year adjusted for changed in price from a base year
3. real gdp is a better way because it more accurate of the actual quantity of the goods and services produced ]]> 2020-10-27 13:39:02 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640250 CZ 2021catyazacarias https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640310 1.It's the measure of the value of a nation's output produced in a yea, expressed in the value of prices charged for that year
2.Is the value of a nation's output in a particular year adjusted for changes in the price level from a base year
3.The real GDP because it measure by, the actual growth of the economy inflation.

]]> 2020-10-27 13:39:03 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640310 Landon Colvin 2021landoncolvin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640759 1. an assessment of economic production in an economy but includes the current prices of goods and services in its calculation
2. an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year
3. Real GDP - it removes the effects of inflation.]]> 2020-10-27 13:39:09 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865640759 gaven 2021gavenclark https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865641374 1. Gdp at current market price.
2. when gdp is not adjusted for inflation its called nominal
3. real Gdp]]> 2020-10-27 13:39:17 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865641374 CZ 2021catyazacarias https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865641772 1. Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over period of time.
2. They measure of how the CPI come out and include the rate at which the prices goes up or down
3.Demand pull and cost push. A Demand pull is an overall demand of goods and services in an economy increases more rapidly than the economy's production capacity. Cost push is a result of the increase in the prices of production process inputs.]]> 2020-10-27 13:39:23 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865641772 Savannah 1st block 2021savannahmartin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865644337 1. Nominal GDP is the measurement of the value of a nation's output produced in a year, expressed in the value of the prices charged for that year.
2. Real GDP is when it hasn't been adjusted for inflation is called nominal.
3. Real GDP]]> 2020-10-27 13:39:59 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865644337 Rachael Taylor 2021rachaeltaylor https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865644940 1. Nominal GDP is the GDP before it is adjusted for inflation. 
2. Real GDP is GDP after it has been adjusted for inflation. 
3. Real GDP it is a more accurate way of showing GDP .]]> 2020-10-27 13:40:07 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865644940 matthew ashley 2021matthewashley https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865650997 1 Normal GDP  is the adjustment for inflation.
2 s an inflation-adjusted measure that reflects the value of all goods and services produced by an economy 
3 real GDP has more info and is more accurate ]]> 2020-10-27 13:41:21 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865650997 Jake Steinberg 2021jamessteinberg https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865652973 1.Inflation is the quantitative measure of the rate at which the average price level of a basket of selected goods and services.
2.When the CPI comes out, it includes an overall rate at which prices have gone up or down.
3. Demand-pull conditions occur when demand from consumers pulls prices up. Cost-push occurs when supply cost force prices higher.]]> 2020-10-27 13:41:47 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865652973 Gaven Clark 2021gavenclark https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865655590 1. a general increase in prices making less people buy products.
2. How the cpi comes out and includes the price going up and down.
3.Demand pull cost push
 ]]> 2020-10-27 13:42:17 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865655590 Landon Colvin 2021landoncolvin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865659884 1. a general increase in prices and fall in the purchasing value of money.
2. The most well-known indicator of inflation is the Consumer Price Index (CPI), which measures the percentage change in the price of a basket of goods and services consumed by households.
3. Demand-pull inflation is the upward pressure on prices that follows a shortage in supply.
Cost-push inflation occurs when overall prices increase (inflation) due to increases in the cost of wages and raw materials.

]]> 2020-10-27 13:43:13 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865659884 Andrew Renfro 2021andrewrenfro https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865667188 1. it measures the value of a nations output produced in a year
2.it is the value of a nations output in a particular year
3.Real GDP because it offers more accurate measures.]]> 2020-10-27 13:44:50 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/865667188 Savannah Martin 2021savannahmartin https://padlet.com/aprilesteel/7372p88u16gn001y/wish/866850909 1. A general increase in prices and fall in the purchasing value of money.
2. When the CPI comes out, it includes an overall rate at which the rate of prices has gone up or down.
3. The demand pull conditions occur when demand from consumers pulls prices-up, but the cost push occurs when supply cost force prices high.]]> 2020-10-27 17:43:05 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/866850909 Frances Burkhalter 1st Block 2021francesburkhalte https://padlet.com/aprilesteel/7372p88u16gn001y/wish/867884601 1. Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over a period of time.
2. The consensus view among economists is that sustained inflation occurs when a nation money supply growth outpaces economic growth
3. Inflation is caused by demand-pull inflation,  cost-push inflation, and built-in inflation
3a. Demand-pull inflation occurs when the overall demand for goods and services in an economy increases more rapidly than the economy's production capacity
3b. Cost-push inflation is a result of the increase in the prices of production process inputs
3c. Built-in inflation occurs when as the price of goods and services rises, labor expects and demands more cost/wages.]]> 2020-10-27 23:42:46 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/867884601 nathan m https://padlet.com/aprilesteel/7372p88u16gn001y/wish/867998850 1.Gross Domestic Products
2.The total value of all final goods and services produced within a countries borders.
3.To determine wether a country is growing or going into a recession.
4. Yes they do count as part of the nations GDP. Part 2- It decreases the nations importing GDP.
5.Intermediate goods,Previously used goods,Pure financial goods,Transfer payment.]]> 2020-10-28 00:49:02 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/867998850 Andrew Renfro 2021andrewrenfro https://padlet.com/aprilesteel/7372p88u16gn001y/wish/868343376 1.Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time. 
2.Inflation is measured in a variety of ways depending upon the types of goods and services considered.
3. Demand Pull Inflation is the effect of an imbalance in aggregate supply and Demand Cost Inflation is when overall prices increase inflation due to increases in the cost of wages and raw materials ]]> 2020-10-28 04:28:50 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/868343376 Kamri R 2021kamrirogers https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869081278 1.  Nominal GDP- Measures the value of a nation's output produced in a year expressed for the prices charged for that year .
2. Real GDP- The value of a nation's output in a particular year adjusted ]]> 2020-10-28 10:41:07 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869081278 Cisco 2021franciscoestrada https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869258432 1. Inflation is a quantitative measure of the rate at which the average price level of a basket of selected goods and services in an economy increases over some period of time
2. when the cpi comes out it includes an overall rate at which prices have gone up or down and also present a core rate and can also be measure by wpi which is price changed before retail level 
3. Demand pull inflation, cost push inflation, and built in inflation]]> 2020-10-28 12:17:34 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869258432 Brady Barber 2022kylebarber https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869260915 1.Inflation is the quantitative measure of the rate at which the average price level of a basket of selected goods and services.
2.  When the CPI comes out, it includes an overall rate at which prices have gone up or down  
3. Demand pull and cost push,
Demand pull is inflation is asserted to arise when aggregate demand in an economy and Cost push is inflation is a type of inflation caused by substantial increases in cost.]]> 2020-10-28 12:18:32 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869260915 Caleb Snipes https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869262177 1. Inflation is the quantitative measure of the rate at which price level of selected goods increase
2. How the CPI comes out and the diffrence in the base price to now.
3. Demand pull and cost push. demand pull is when consumers pull prices up, cost push is when supply costs push the cost up.]]> 2020-10-28 12:18:57 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869262177 Dalton Sealey 2021daltonsealey https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869263316 1. it measures value output produced in a year, expressed for what was charged during that year
2.  the value output for a particular year adjusted for changed in price from a base year
3. real gdp is a better way because it more accurate of the actual quantity of the goods and services produced ]]> 2020-10-28 12:19:24 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869263316 nathan m 2021nathanielmcgaule https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869264648 1.inflation is the general increase in prices and fall in the purchasing value of money.
2.economists measure inflation with CPI
3.the two causes for inflation is Demand-pull and Cost-push.]]> 2020-10-28 12:19:55 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869264648 Rachael Taylor 2021rachaeltaylor https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869268317 1. Inflation is when  prices increase higher than they should be. 
2. Economist measure inflation with CPI. 
3. Demand pull and Cost push. The demand pull is what happens when consumers pull the price up and cost push is what happens when sellers raise the price of an item. ]]> 2020-10-28 12:20:46 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869268317 D 2021daltonsealey https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869270050 2020-10-28 12:21:24 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869270050 D 2021daltonsealey https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869270479 2020-10-28 12:21:34 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869270479 Dalton Sealey 2021daltonsealey https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869272408 1. a general increase in prices and fall in the purchasing value of money.
2.  a measure of inflation that economists look at to get the most accurate read on inflation is the Personal Consumption Expenditures index, or PCE.
3. Demand-pull and Cost-push. Both are responsible for a general rise in prices in an economy. Demand-pull conditions occur when demand from consumers pulls prices up. Cost-push occurs when supply cost force prices higher.]]> 2020-10-28 12:22:20 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869272408 Chris 2022christopherkerce https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869273374 1.it measures the value output produced in a year.
2.The output of a na]]> 2020-10-28 12:22:42 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869273374 Caleb Snipes https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869281039 1. nominal GDP- is the measure value of a nation's output in a year.
2. Real GDP-  the output in a particular year adjusted for change in price in base year
3.real GDP it gives a more real measurement of qaunity produced in a given period.]]> 2020-10-28 12:25:26 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869281039 Nathan m 2021nathanielmcgaule https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869286953 1.nominal gdp is an assessment of economic production in an economy that includes current prices in its calculation.
2.real gdp is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year 
3.real gdp is better for seeing economic growth]]> 2020-10-28 12:27:30 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869286953 Chris 2022christopherkerce https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869290536 1.A general increase of price over time. money becomes less valuable.
2. When the cpi comes out it has a rate that goes up or down.
3. Demand pull, cost push. They both cost the price rising.


]]> 2020-10-28 12:28:42 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869290536 Caleb Snipes https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869295018 1.Gross Domestic Product
2.the total value of all final goods and service produced within a countries border.
3. ]]> 2020-10-28 12:30:21 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869295018 Jayme Evanoff 2021jaymeevanoff https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869325619 1.It  measures the value of a nation's output produced in a year, expressed in the value of the prices charged for that year and it does not take into account inflation.
2.Is the value of a nation's output in a particular year adjusted for changes in the price level from a base year and this offers a more accurate measure of the actual quantity of goods and services a nation produces because it adjusts for price change.
3.A better measure of an economy's growth is Real GDP because it is the true value of that year and it can tell you if that year there was any Inflation.
]]> 2020-10-28 12:40:00 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869325619 Jayme Evanoff 2021jaymeevanoff https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869970857 1.Inflation is the rise in the general level of prices where a unit of currency effectively buys less than it did in prior periods.
2.Inflation is measured in a variety of ways depending upon the types of goods and services.
3.Rising prices are the root of inflation, though this can be attributed to different factors. In the context of causes, inflation is classified into three types: Demand-Pull inflation, Cost-Push inflation, and Built-In inflation.
]]> 2020-10-28 15:07:21 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/869970857 Taylor Stone 2021taylorstone https://padlet.com/aprilesteel/7372p88u16gn001y/wish/872792655 1.inflation is the general rise in the price level in an economy over a period of time resulting in lower value of the purchasing power of money 
2. CPI 
3.demand pull and cost push ]]> 2020-10-29 12:14:46 UTC https://padlet.com/aprilesteel/7372p88u16gn001y/wish/872792655