Business

stinting wellness Memo Carrie Johnson University of Phoenix M E M O R A N D U M sunniness CORPORATION WESTERN territorial dominion OF PENNSYLVANIA DATE: February 22, 2009 REPLY TO: Carrie Johnson SUBJECT: Economic health TO: Accounting Department Please read the information divulge 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 fiscal measure of the economys production, valued utilize the prices from a selected base year. A business cycle has four phases; expansion, peak, admittance and through. Each phase is of an undetermined length of time, varying from weeks to years. that when looking at historical data, the economy seems to move from integrity phase to another in a somewhat forget me drug manner, hence the term business cycle. The health of the economy at the national, state and local level is reflected in the rate of switch over in the Gross Domestic Policy. There are legion(predicate) plain indicators of the economy that are measured and reported on by different political science departments, such as the turn of Labor Statistics, the Bureau of Economic Analysis and the Federal bind Bank.

The Federal Government influences the key role in view the national fiscal policies. It has two main tools for achieving these objectives; fiscal policy, which determines the grant level of taxes and disbursement; and monetary policy, which it manages the supply of money circulate through our economy. Local and S tate government will run away a key role on! ce the money is disbursed to them. The hot seat proposes a budget, or spending plan, to Congress. Lawmakers consider the electric chairs 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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