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Peer reviewedRossiter, R. D. – Journal of Economic Education, 2000
Reviews aspects of the Bureau of Economic Analysis's 10th comprehensive revision reported in issues of the "Survey of Current Business." Focuses on the new method identified in the revision that provides an accurate characterization of changes in economic activity not affected by different relative prices in a new base year. (CMK)
Descriptors: Economic Change, Economic Development, Economic Factors, Economic Research
Peer reviewedKyer, Ben L.; Maggs, Gary E. – Journal of Economic Education, 1995
Utilizes two-dimensional price and output graphs to demonstrate the way that the price-level elasticity of aggregate demand affects alternative monetary policy rules designed to cope with random aggregate supply shocks. Includes graphs illustrating price-level, real Gross Domestic Product (GDP), nominal GDP, and nominal money supply targeting.…
Descriptors: Business Cycles, Capitalism, Competition, Consumer Economics
