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2. The table presents the nominal and real gdp over the period 1999 to 2003

year

Nominal GDP

real GDP

GDP deflator

The inflation rate

1999

2150

2150

 

 

2000

2370

2230

 

 

2001

2415

2210

 

 

2002

2700

2350

 

 

2003

3100

2800

 

 

Complete the table and answer the following questions:

A) In which period there was a decrease of GDP deflator? What does this mean? How does this affect the total output?

B) What years are characterized by inflation, and what - deflation?

3. By the terms of the left hand column find the definition in the right column.

1. Nominal GDP

a. Aggregate income of all members of society

2. Indirect taxes

b. the amount of sales of all goods and services

3. National income

с. value of goods and services in constant prices

4. Gross production company

D. the set of wealth created by the labor and accumulated in the country

5. Real GDP

e ready prduktsiya going into consumption

6. National wealth

f. the amount of final goods and services at current market prices

7. Final product

 g. kind of tax to be added to the prices set

4. True-false:

A. Real GDP - the cost of goods and services produced during the year and measured in current prices.

B. The volume of both nominal and real GDP can be measured only in terms of money.

C. Value added and cost of the final product is the same.

5. Does Kazakhstan's gdp this article? If not, why not? If so, then the calculation of expenditure and revenue and in what specific section?

1) The fee for the training of the student in the commercial department of the university.

2) Payment of foreign student fees in Kazakhstan.

3) Scholarship Students in the budget department of the university.

4) Budget funds that finance the salary of a professor of the university.

5) Cost of sold shares in the secondary market.

6) Income lawyer working in your own company.

7) The cost of the family to buy a used car.

8) The cost of the family to buy an apartment in a new building.

9) The fee for staying in their own house, which was built 10 years ago.

10) Income workers informality.

11) Thirty tenge grandson received from her grandmother to buy ice cream.

12) Purchase of imported car "Mercedes" private road haulers.

13) Sale of Kazakh oil company to Kazakhstan crude oil refinery.

14) Value added tax (VAT) received by the state budget.

15) Income tax paid wage workers with their wages.

Independent work of the student

Questions for self-study:

1.Makroekonomicheskaya Model Circular Flow

Form of control:

    - To discuss

    - Problem solving