MEASURING ECONOMIC HEALTH

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Essay #: 051460
Total text length is 5,463 characters (approximately 3.8 pages).

Excerpts from the Paper

The beginning:
MEASURING ECONOMIC HEALTH
ABSTRACT
This document discusses gross domestic product and how it affects businesses in the United States (US). Additionally, it examines the function of fiscal policies in the US economy and how policies such as interest rates and taxation impact the business cycle. The conclusion is that these issues and policies are critical to the smooth functioning of the economy as well as to the overall health of US business. 
GROSS DOMESTIC PRODUCT
The development of business and the entrepreneurial market within the US has been one of the bulwarks of the US economy by contributing to productivity, employment, and GDP growth. For instance, the Bureau of Labor Statistics indicates that since 1990 through 2005, companies...
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.....housing sector which can create so much wealth that the tax breaks may not be necessary to stimulate spending. Additionally, the lower interest rates certainly impact the housing sector but money is also readily available from the private sector without lower interest rates necessarily.
REFERENCES
Helfand J., Sadeghi A. & Talan D. (2007). Employment Dynamics: Small and Large Firms over the Business Cycle. Monthly Labor Review, March. 
Lee, U. (2004). U.S. Asset Returns and Fiscal Policy: New 
Empirical Investigation. Quarterly Journal of Business and Economics43.3-4, p.31+.
Small and Large Firms and Job Growth. (2008). Bureau of Labor 
Statistics (online). Retrieved April 24, 2009 from: http://www.bls.gov/opub/ted/2007/jun/wk4/art02.htm