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...C h a p t e r measuring nation s income i n l o f economics gregory mankiw premium powerpoint slides by ron cronovich south western part of cengage learning all rights reserved in this chapter look for the answers to these questions what is gross domestic product gdp how related total and spending are components corrected inflation does measure society well being micro vs macro microeconomics study individual households firms make decisions interact with one another markets macroeconomics economy as whole we begin our country expenditure measures everyone also on output g equals because every dollar buyer spends seller...