Book contents
- Frontmatter
- Epigraph
- Contents
- Figures
- Tables
- Preface
- 1 Introduction: Is Macroeconomics Useful?
- 2 Trends and Cycles, Shocks and Stability
- 3 Determinants of Aggregate Spending and Saving
- 4 Production Functions and Growth Accounting
- 5 The Macroeconomics of “the” Labor Market
- 6 Understanding US Inflation Dynamics
- 7 What Does Monetary Policy Do?
- 8 What Does Fiscal Policy Do?
- 9 Conclusion: Is (Macro)economics Useful?
- Appendix A Measuring Prices
- Appendix B Measuring Output
- Appendix C Measuring Employment
- Appendix D Seasonal Adjustment in a (Very Small) Nutshell
- Appendix E Other Odds and Ends
- Bibliography
- Index
Appendix B - Measuring Output
Published online by Cambridge University Press: 28 March 2024
Book contents
- Frontmatter
- Epigraph
- Contents
- Figures
- Tables
- Preface
- 1 Introduction: Is Macroeconomics Useful?
- 2 Trends and Cycles, Shocks and Stability
- 3 Determinants of Aggregate Spending and Saving
- 4 Production Functions and Growth Accounting
- 5 The Macroeconomics of “the” Labor Market
- 6 Understanding US Inflation Dynamics
- 7 What Does Monetary Policy Do?
- 8 What Does Fiscal Policy Do?
- 9 Conclusion: Is (Macro)economics Useful?
- Appendix A Measuring Prices
- Appendix B Measuring Output
- Appendix C Measuring Employment
- Appendix D Seasonal Adjustment in a (Very Small) Nutshell
- Appendix E Other Odds and Ends
- Bibliography
- Index
Summary
The chapter provides a brief conceptual overview of how output is measured in the U.S. National Income and Product Accounts (NIPAs).
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- A Practical Guide to Macroeconomics , pp. 259 - 264Publisher: Cambridge University PressPrint publication year: 2024