Business

stinting wellness Memo Carrie Johnson University of Phoenix M E M O R A N D U M sunniness CORPORATION WESTERN order OF PENNSYLVANIA DATE: February 22, 2009 REPLY TO: Carrie Johnson SUBJECT: Economic health TO: Accounting Department Please read the information let on in this memo to further explain the Economic Health and how it relates to the pure(a) Domestic Policy. The Gross Domestic Policy is a financial measure of the economys production, valued using the prices from a selected base year. A business cycle has four phases; expansion, peak, entry and through. Each phase is of an undetermined length of time, varying from weeks to years. but when looking at historical data, the economy seems to move from oneness phase to another in a somewhat circular manner, hence the term business cycle. The health of the economy at the national, state and local level is reflected in the rate of qualify in the Gross Domes tic Policy. There are legion(predicate) apparent indicators of the economy that are measured and reported on by different political science departments, such as the head of Labor Statistics, the Bureau of Economic Analysis and the Federal keep back Bank.

The Federal Government influences the key role in con the national fiscal policies. It has two main tools for achieving these objectives; fiscal policy, which determines the bear out level of taxes and expenditure; and monetary policy, which it manages the supply of money riddle through our economy. Local and State government will wal kaway a key role once the money is disbursed! to them. The calefactory seat proposes a budget, or spending plan, to Congress. Lawmakers consider the professorships proposals and they help decide the overall level of spending and taxes. The government bodies define fiscal policies and can increase or descend the fiscal pressure depending on the current frugal view in our country. The government main purpose for using fiscal...If you wish to get a full essay, order it on our website: OrderCustomPaper.com

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