Foundations of Business (Looseleaf)
Foundations of Business (Looseleaf)
4th Edition
ISBN: 9781305655010
Author: Pride
Publisher: Cengage
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Chapter 1, Problem 4DQ
Summary Introduction

To determine: Whether the gross domestic product is reliable for a nation’s economic health.

Introduction: Gross Domestic Product (GDP) is the largest significant evaluation of a country's aggregate economic movement. GDP speaks to the money related estimation all things considered and benefits created inside a country's geographic borders over a predetermined timeframe.

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Is gross domestic product a reliable indicator of a nation’s economic health? What might be a better indicator?
when our nation enjoys economic growth, what usually happens to domestic economic problems?   a. they are not affected b. they are solved completely c. they are made worse d. they are more easily resolved
How important is for a business student to know the economic indicators?
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