Q. As the price level increases, the amount of goods also services that consumers, businesses also governments desire to purchase will change. Elucidate how will this be illustrated?

Q. Write a 350- to 700-word memo addressing the subsequent: • Describe the use of Gross Domestic Product (GDP) to measure the business cycle.

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

• 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?