These Economics W.I.R.E.D. activities recommend web links that relate to key concepts of each chapter of the textbook. For each link, there are instructions to guide you to specific information, followed by several discussion questions or exercises.

Key Concepts: Changes in Aggregate Demand First Lead to Changes in Production, Forecasting Real GDP, The Response of Consumption to Income, Finding Real GDP When Consumption and Income Move Together, Spending Balance and Departures of Real GDP from Potential GDP

OECD Economic Outlook

Scroll down the web page and review "Summary of Projections" information on "Real total domestic demand," "Real GDP" for U.S., Japan and Euro Area.

• Compare the annual growth rate of Real total domestic demand or expenditure and Real GDP or income for the U.S., Japan, and the Euro Area over the past 18 months. Describe emerging trends. 
• Identify the economies that may have a potential negative shift in spending balance at this time. 
• Assess the annual growth rate of U.S. current account balances and explain their potential effects on the U.S. spending balance.