Macroeconomics

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Issue:

Business

 

Written by:

Douglas M

 

Date added:

September 20, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1346

 

Was viewed:

5206 times

 

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Essay content:

economy (McConnell, Brue 2004). Through this measure economists and policymakers are able to track production levels at regular intervals, create policies for maintaining and protecting a healthy economy, and review the economy for growth, consistency or decline. The primary measure of the economy's performance is its annual total output of goods and services or its aggregate output (McConnell, Brue 2004)...
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The BEA determines the GDP as well. Monetary policies can affect the GDP. The way banks lend money, how people obtain credit or spend money and the distribution of goods and services domestically and globally are affected as well. The Federal Reserve implements monetary policy and the federal government implements fiscal policy in the U...
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