Examining the shortcomings of GDP in measuring a Country’s Economic Health

Examining the shortcomings of GDP in measuring a Country’s Economic Health

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The Measure of Economic Health
[WLOs: 1, 2, 3] [CLOs: 2, 4]
Gross domestic product (GDP) is defined as the value of final goods and services that are produced in a country’s territories within a certain time period, usually a year.

In your paper,

Assess GDP’s importance.
Examine the shortcomings of GDP in measuring a country’s economic health?
Discuss using GDP to evaluate the business cycle.
Examine factors that may affect the business cycle.
Evaluate the health of the current U.S. economy by its GDP, business cycle, and economic growth.
The Measure of Economic Health paper

Must be three to four double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center’s APA Style resource (Links to an external site.).
Must include a separate title page with the following:
Title of paper
Student’s name
Course name and number
Instructor’s name
Date submitted
For further assistance with the formatting and the title page, refer to APA Formatting for Word 2013 (Links to an external site.).
Must utilize academic voice. See the Academic Voice (Links to an external site.) resource for additional guidance.
Must include an introduction and conclusion paragraph. Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions (Links to an external site.) as well as Writing a Thesis Statement (Links to an external site.), refer to the Ashford Writing Center resources.
Must use at least three scholarly, peer-reviewed, and/or other credible sources in addition to the course text.
The Scholarly, Peer-Reviewed, and Other.

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