Key economic indicators to measure the health

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Reference no: EM132189559

Short-essay (a minimum of 100 words)

In order for a business to survive, it needs the factors of production. Identify the factors and give a brief description of each, making sure to provide an example from business for each factor. In today's economy, which of the factors of production are most important to business growth and profitability, and why?

The United States uses a set of three “key economic indicators” to measure the health of the U.S. economy. What are these three key economic indicators, and what does each indicator tell us about the health of our economy? What are the advantages or disadvantages of looking at just one of these indicators without considering the others?

Reference no: EM132189559

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