What you’ll learn to do: describe the relationships among GDP, net domestic product, national income, personal income, and disposable income

In this section, you will learn how the GDP relates to other economic indicators. You’ll learn about other measures of economic output, including Gross National Product and Net National Product.

LEARNING ACTIVITIES

The learning activities for this section include:

• Reading: Alternative Ways to Measure the Economy
• Reading: Gross National Product: An Alternative Measure of Output
• Self Check: GDP and Income

Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.