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Individual Assignment Due Day 7: Measuring Economic Health Memo
Write a 350- to 700-word memo addressing the following:
Describe the use of Gross Domestic Product (GDP) to measure the business cycle. Describe the roles of government bodies that determine national fiscal policies. Explain the effects of fiscal policies on the economy’s production and employment. How do changes in government spending and taxes positively or negatively affect the economy’s production and employment?
Format your paper consistent with APA guidelines.