Measuring Economic Health Memo

ECO 212

Abstract

Gross Domestic Product (GDP) will be analyzed for the purpose to measure the business cycle. The national fiscal policies can be understood about the government bodies that determine the path of policies used in economic challenges. The information within the memo will assist with basic knowledge of the effects the policies have on production and employment in the economy. Understanding the policies also will show positive or negative effects on the economy.

Measuring Economic Health Memo

TO: Jumoke Sanusi

FROM: Johnathan Kolstad

DATE: October 07, 2013

SUBJECT: Measuring Economic Health

"The real GPD measures the purchasing power of goods and services, which has shown that Americans are able to purchase eight times more...