Principles of Macroeconomics
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This paper provides a definition of key economic health indicators that are principles of macroeconomics (GDP, real GDP, interest rate, inflation rate, and unemployment). The analysis also discusses the circular flow diagram and how these economic principles are having an impact on shipping firms like UPS in the current economy.
From the Paper:"A number of factors known as macroeconomic principles are used as indicators of the overall performance of the economy. These principles include such factors as Gross Domestic Product (GDP) Real GDP, the unemployment rate, the inflation rate and the interest rate. This analysis will define these macroeconomic principles along with a discussion of the circular flow diagram which illustrates the interaction of households, government and businesses. A conclusion will discuss how economic conditions are affecting my organization and which is the most important economic indicator affecting my..."
Cite this Term Paper:
Principles of Macroeconomics (2008, December 01) Retrieved June 25, 2019, from https://www.academon.com/term-paper/principles-of-macroeconomics-125465/
"Principles of Macroeconomics" 01 December 2008. Web. 25 June. 2019. <https://www.academon.com/term-paper/principles-of-macroeconomics-125465/>