Measuring Econimic Health Memo

mensuration Economic Health Memo Kimberly Cobbs EC0/212 September 13, 2011 professor Cristina Marine step Economic Health, Economic is based on different factors; revenue domestic product (GDP) and financial policies that are set by the bodies of political science and how the policies affect the presidential term. Macroeconomics deals with the business cycle and the economic recession. The firstborn thing to Measuring Economic Health; is understanding the bring in home(prenominal) Product (GDP). GDP is a streak of how the prudence is producing by using the order prices of a pacific year to measure cyclical fluctuations; as well as for the market value of in all goods and services produced in ones country for no more than 1year and no less than 1year. According to; Glenn and Anthony Patrick OBrien, when really GDP falls toward a low point, the economy says it is a recession and when it expands toward a high point the economy is a boom http//www.ecampus.edu University of Phoenix library. The politics pays close assist to these factors so they know when to control the inflation and interest grade that is make by the national monetary policies which is set by the government. financial Policies is managed by various branches and or bodies within the government. The segment of precious stone is one of the various bodies of government who established the fiscal policies, the care and the bud stimulate office analyze the policies then the fiscal policies go to the president office where the finale decision is veritable and made. fiscal Policies can be audit by the government answerableness office. These policies are made by our government all the decisions and shift can affect us directly and changes that starts from the secure of the government and the amount of taxes we pay. Changes unravels a major role and impact, the bodies of the gov ernment entrust start to think how will the! policy play come forth in the future and what affects will it have on...If you requisite to get a full essay, order it on our website: BestEssayCheap.com

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