What is the formula for gdp

Assignment Help Macroeconomics

Reference no: EM133469432

Assignment:

Please answer the following questions below

Answer the first two questions after watching video Business Cycles and Fiscal Policy- EconMovies #5: Cars (Reupload)

1. What is the formula for GDP?

2. What cycle is the economy when at it's peak? In a trough?

3. In the video below, which of the four unemployment reasons is the cause of the high unemployment in 2020?

Reference no: EM133469432

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