Your Economics Professor Asked You to Use Data from the U.S.economy

question 194

Essay

Your economics professor asked you to use data from the U.S.economy to show that GNP can be calculated using the income approach and the expenditures approach.What type of data should you gather to complete this assignment?

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Definitions:

Netiquette

The set of rules and conventions that govern respectful and polite behavior in online communications and interactions.

Procedural Justice

The fairness and transparency of the processes that are used to make decisions and resolve disputes or grievances.

Distributive Justice

The perceived fairness of how rewards and resources are distributed among members of a group or society.

CRM

Stands for Customer Relationship Management; a technology for managing a company's relationships and interactions with current and potential customers.