Q1. Write a 350- to 700-word memo addressing the subsequent:

a. Describe the utilize of Gross Domestic Product (GDP) to measure the business cycle.

b. Describe the roles of government bodies that conclude national fiscal policies.

c. Explain the effects of fiscal policies on the economy's production also employment. Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment?

Format your paper consistent with APA guidelines

Q2. Using income also substitution effect Elucidate how that all griffin goods are inferior but not all inferior goods are griffin.