What is gross domestic product

Assignment Help Microeconomics

Reference no: EM1396444

i).

(a). What is gross domestic product (GDP) and what is the use of it?

(b). Comment on how well this measure serves its intended purposes.

(ii).

(a). What is unemployment

(b). Can a country achieve a 0% unemployment rate, explain

(iii).

(a). What is inflation and how it is calculated

Reference no: EM1396444

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