Focus on Economic Data: U.S. Real GDP Growth, April 29, 2009
Source: Council for Economic Education (EconEdLink) | Type: Lesson
This lesson focuses on the April 29, 2009, advance estimate of U.S. real gross domestic product (Real GDP) for the first quarter of 2009, reported by the U.S. Bureau of Economic Analysis (BEA). The current data and historical data are explained. The meaning of GDP and potential impacts of changes of GDP are explored. This lesson will also raise questions about the impact of the current level of growth on the U.S. economy and individuals.
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