Eco 212 week 4 Individual Assignment: Measuring Economic Health Memo - 7240

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  Individual Assignment: Measuring Economic Health Memo

 

·         Resources: Principles of Economics textbook and Tomlinson Economics Videos

·         Write a 350- to 700-word memo addressing the following:

 

o    Describe the use of Gross Domestic Product (GDP) to measure the business cycle.

o    Describe the roles of government bodies that determine national fiscal policies.

o    Explain the effects of fiscal policies on the economy’s production and employment. How do changes in government spending and taxes positively or negatively affect the economy’s production and employment?

 

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