BY: Isaiah B-Smith
What is it?
Gross domestic product: The dollar amount of all final goods and
services produced within a countries boarders in a year(341).
GDP measures the national output of a country
This measure tells us about a countries overall
Compare a command economy to a market economy by listing a strength and a weakness of
each. State how each type of economy satisfies the wants and needs of individuals.
Can change direction drastically in a relatively short time
Investment tax credit
Individual income tax
Payroll withholding system
Federal budget surplus