Explain why economists focus on the GDP, inflation, and unemployment when assessing the health of the entire economy.

Words: 113
Pages: 1
Subject: Uncategorized

Chapters 6 and 7 explore the gross domestic product (GDP), how it is defined and measured. Explain why economists focus on the GDP, inflation, and unemployment when assessing the health of the entire economy. Explain how the GDP is defined and measured.

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