Why is the U - Why is the U.S an Economic Success Major...

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Why is the U.S. an Economic Success? Major Reason Percent * Constitution 85 Free Elections 84 Free Enterprise System 81 Abundant Resources 78 Cultural Diversity 71 Key Economic Indicators Gross Domestic Product (GDP) is the total value of goods and services produced in a country in a given year. b. A major influence on the growth of GDP is how productive the work force is. c. The total U.S. GDP in the early 2000s was over $11 trillion. d. Turkey??? 243 258 Million TL (0.1 % increase) The UNEMPLOYMENT RATE is the number of civilians at least 16 years old who are unemployed and tried to find a job within the prior four weeks. b. There are four types of unemployment: frictional, structural, cyclical, and seasonal Key Economic Indicators THE PRICE INDEXES help measure the health of the economy. a. INFLATION refers to a general rise in the prices of goods and services over time. b. DISINFLATION (dezenflasyon) is a situation in which price increases are slowing (the inflation rate is declining.) c.
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Why is the U - Why is the U.S an Economic Success Major...

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