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Chapter 10: Measuring Aggregate Performance Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved EXHIBIT 10.1 Unemployment Rates in Major Industrialized Countries Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-2 EXHIBIT 10.2 The Unemployment Rate: 1929–2009 Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-3 EXHIBIT 10.3 Unemployment Rates for June 2009 Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-4 EXHIBIT 10.4 Computing the Annual Rate of Inflation for College Tuition The price index for tuition and school fees was 513.7 in June 2008 and 548.7 in June 2009, using 1984 as the base year. What was the rate of inflation in tuition and fees over this time period? Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-5 EXHIBIT 10.5 Consumer Price Indexes, June 2009 (1982–1984 = 100) Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-6 EXHIBIT 10.6 Inflation Rates In Major Industrialized Countries Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-7 EXHIBIT 10.7 Total Output = GDP = Total Income Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-8 EXHIBIT 10.8 Gross Domestic Product In 2008 (in billions) Introduction to Economic Reasoning, Eighth Edition William D. Rohlf, Jr. © 2011 Pearson Education, Inc. All Rights Reserved 10-9
