Business

stinting health 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 give away 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 monetary measure of the economys production, valued exploitation the prices from a selected base year. A business cycle has four phases; expansion, peak, consumption and through. Each phase is of an undetermined length of time, varying from weeks to years. moreover when looking at historical data, the economy seems to move from single phase to another in a somewhat roundabout manner, hence the term business cycle. The health of the economy at the national, state and local level is reflected in the rate of qualif y in the Gross Domestic Policy. There are legion(predicate) evident indicators of the economy that are measured and reported on by different political science departments, such as the full stop of Labor Statistics, the Bureau of Economic Analysis and the Federal take hold Bank.

The Federal Government influences the key role in influence the national fiscal policies. It has two main tools for achieving these objectives; fiscal policy, which determines the admit level of taxes and expenditure; and monetary policy, which it manages the supply of money overspread through our economy. Local a nd State government will hunt down a key ro! le once the money is disbursed to them. The longing seat proposes a budget, or spending plan, to Congress. Lawmakers consider the chairmans 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 sparing 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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