How would retail sales affect the countrys gdp


Discussion:

Article Analysis

https://www.nytimes.com/2015/04/15/business/economy/retail-sales-rose-in-march-after-3-months-of-decline.html?ref=economy

Some prompts: Remember, you need not answer all the prompts, and you can discuss other connections between the article and material from class if you so wish. Please remember to use paragraphs to structure your thoughts and your paper, and remember to analyze/apply, rather than just summarize the article

Prompts:

1. How would retail sales affect the country's GDP?

2. What else might you predict (that could affect GDP) to increase based on retail sales increasing?

3. Why do you think the measurement in the article exclude such things as automobiles and building materials?

4. What does the producer price index measure and what could be predicted using the PPI?

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Microeconomics: How would retail sales affect the countrys gdp
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