Thursday 23 January 2014

public finance

Prepare a 700- to 1,050-word paper in which you define the following terms:
Gross domestic product (GDP)
Real GDP
Unemployment rate
Inflation rate
Interest rate
Explain how the circular flow diagram illustrates the interaction of households, government, and business. Also, describe how current economic conditions affect your organization or one with which you are familiar. Identify the most important economic indicator affecting your organization and explain why
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