The main indicator that can be used to obtain a national income measure is Gross

Domestic Product (GDP). The GDP is a measure used to describe the structure, level,
and growth rate of revenue in a region at a certain time period. In addition, GDP is also
become an indicator which is widely used to describe the economic performance of a
region so that it can be compared between regions.

In essence, GDP is the amount of added value generated by all economic sector
or is the total value of the final goods and services generated by all economic units in a
country over a certain period of time.

GDP can be calculated on the basis of current prices and constant prices. GDP on
the current price reflects the added value of goods and services calculated using the
current price annually. Meanwhile, GDP over constant price shows value added goods
and services calculated using the price on a given year as the basis. The base year used
in Indonesia is base year 2010.

Note: As a bureau that calculates GDP indicator, BPS-Statistics Indonesia has rebased
compilation of its GDP from 2000 to 2010. The changes are made as there have been
many changes in both the global and local economy in the last ten years that affected the
national economy.

Economic growth is usually measured as a percentage rate of increase in the GDP.

Formula → [(GDP in current year at constant price - GDP in previous year at constant
price) / GDP in previous year at constant price)] x 100%

National economic growth in 2018 showed an increase compared to the growth of

previous years. Indonesia's economic growth rate in 2018 reached 5.17 percent, while in
2017 it was 5.07 percent.

Make 4 question about that and then answer it by yourself

Deadline 1.30 pm.

This is the end of this session. Thank you for your attention. Wassalam