Instruction
Economics U$A Program #15 has as its purpose: "To introduce the viewers to GNP and GDP, and other concepts of the National Income Accounts, and to show how they help us understand the growth of the U.S. economy over the past century." What specific aspects of the video program best help you understand that purpose? Explain how and why those aspects of the program help your understanding of the purpose.
http://www.learner.org/vod/vod_window.html?pid=2467
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Also answer this question in a separate Word file : "Even if detailed statistics are available, why is it difficult to compare the national output at the beginning of the twentieth century with the national output at the beginning of the twenty-first century, and say by what percentage it has increased? Why is it hard even to say how much prices for particular goods have increased from one century to another?