GDP as a Measure of Economic Well-Being
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Added on 2020-05-01
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The gross domestic product has been used for a long time as a measure of the economic activity of a region or country and many policy makers use it as a benchmark on which to base their decisions. Question 2 Business cycle and its impact of a stock market crash on the business cycle The business cycle is a systematic, irregular upward and downward movement in economic activity measured by changes in various macroeconomic variables and the gross domestic product (GDP).
GDP as a Measure of Economic Well-Being
Added on 2020-05-01
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