1. Gross Domestic Product (GDP) and the Welfare of America
GDP for the United States is calculated by the Bureau of Economic Analysis (BEA). There are quarterly measures every year to keep up with the measure of the whole year, these quarter reports can be seen on the Bureau of Economic Analysis's website. ... Even with the current economic state and the recession, the US still leads the world in GDP. ... If the US loses its number one rank, it will not get the moral, economic, and leadership authority it currently has. ... That is another major indicator of economic health; the relationship between government income and spending. ...
- Word Count: 1079
- Approx Pages: 4
- Has Bibliography
- Grade Level: High School