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Economic Forecast Paper

Essay specific features

 

Issue:

Business

 

Written by:

Don T

 

Date added:

March 21, 2014

 

Level:

University

 

Grade:

C

 

No of pages / words:

5 / 1352

 

Was viewed:

1972 times

 

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Essay content:

These indicators are GDP, the inflation rate, the unemployment rate, discount mortgage interest rates, housing starts and retail sales. Included will be a brief definition of each and its current status. Real GDP Real GDP, or gross domestic product, is an inflation-adjusted measure that reflects the value of all goods and services produced in a given year...
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Unlike nominal GDP, real GDP can account for changes in the price level and often provides a more accurate figure (Investopedia, A Forbes Media company, 2007). According to a report released in December, 2006 Wells Fargo economists are optimistic about the 2007 economic growth. "The Gross Domestic Product (GDP) growth is expected to rebound as soon as next quarter" (2007 News Releases, 1999-2007)...
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