ECO 360/ Economic Indicators

When one speaks of the economy they should speak of it as if it were an animate object. An economy may healthy, productive or efficient. Likewise, an economy may be weak, slow or inefficient. The question is how do we know how to classify our economy? GNP -GROSS NATIONAL PRODUCT. Economists have devised numerous statistics designed to ascertain the overall health of our economy. Historically, the most quoted measure of economic activity is what is …

…I am not to sure what or if any that they invest. The only thing that comes to mind is my retirement and with that I feel that only I can make tit work foe me not my employer. References Colander, David C. Macroeconomics (5th ed.) Irwin/McGraw-Hill, 2004 Burr Ridge, IL, Retrieved on June 30, 2005 from University of Phoenix Resources www.mycampus.phoenix.edu Gandel, Stephen, Gibbs, Lisa, "The Next Generation" MONEY pp.125-128, December 2003 issue