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  1. 1. GDP By: Chris Keyes 3 period
  2. 2. GDP <ul><li>GDP stands for the Gross domestic product which is the total dollar value of all final goods and services produced yearly </li></ul><ul><li>The United States is the leader in the total GDP </li></ul>
  3. 3. GDP Per Capita <ul><li>GDP Per Capita is another way to measure the economic growth which it describes the output per person </li></ul><ul><li>The United States is the leader in the GDP Per Capita </li></ul>
  4. 4. Unemployment Rate <ul><li>The unemployment rate is the portion of the people in the labor force who aren’t working </li></ul><ul><li>Its important because it brings down the GPD for the year </li></ul><ul><li>The unemployment rate in north Carolina is 4.0 </li></ul>
  5. 5. Personal Income <ul><li>The Personal income refers to the salaries and wages as well as investment income and government payments to individuals </li></ul><ul><li>Your Salary and your wage are an example of personal income </li></ul>
  6. 6. Productivity <ul><li>Is the production output in relation to a unit output in relation to a unit of input </li></ul><ul><li>The improvements in Capital Resources improve productivity </li></ul>
  7. 7. Components of GDP <ul><li>Consumer spending for food, clothing, housing, and other spending </li></ul><ul><li>Business spending for buildings, equipment, and inventory items </li></ul><ul><li>Governments spending to pay employees and to buy supplies and other goods and services </li></ul><ul><li>The exports of a country less the imports into the country </li></ul>