Assignment:
Gross domestic product (GDP) is defined as the value of final goods and services that are produced in a country's territories within a certain time period, usually a year.
In your paper,
- Assess GDP's importance.
- Examine the shortcomings of GDP in measuring a country's economic health?
- Discuss using GDP to evaluate the business cycle.
- Examine factors that may affect the business cycle.
- Evaluate the health of the current U.S. economy by its GDP, business cycle, and economic growth.
The Measure of Economic Health paper
Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center's APA Style resource.