Describe the use of gross domestic product

Reference no: EM13335871

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

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

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.

Reference no: EM13335871

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