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Describe the use of Gross Domestic Policy GDP to measure the business cycle?
Wiki User
∙ 14y ago
Gross domestic product, the official measure of total output of goods and services in the U.S. economy, represents the capstone and grand summary of the world's best system of economic statistics. The federal government organizes millions of pieces of monthly, quarterly, and annual data from government agencies, companies, and private individuals into hundreds of statistics, such as the consumer price index (CPI), the employment report, and summaries of corporate and individual tax returns. The U.S. Department of Commerce then marshals the source data into a complete set of statistics known as the National Income and Product Accounts. This set of double-entry accounts provides a consistent and detailed representation of production in the United States
Wiki User
∙ 14y ago
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Importance of business policy?
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How has hurricane Katerina changed domestic policy agenda?
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The square deal was a domestic policy because it was within the U.S. goverment ~
What is one of the main types of policy?
Presidents have a domestic policy and a foreign policy.
What is one of the main types of policy's?
Presidents have a domestic policy and a foreign policy.
