Gross Domestic Product Activity
Use the to complete your activity before uploading it to the submission area.
Instructions
You may use Google or the Strayer library page, , to research the GDP as you complete the following:
- Define GDP in your own words.
- Report the current GDP in trillions of dollars.
- Report the current federal debt in trillions of dollars.
- Report the outlays for the bottom line of the current (last) budget approved by Congress (surplus or shortage).
- Report the revenues for the bottom line of the current (last) budget approved by Congress (surplus or shortage).
- Report the deficit for the bottom line of the current (last) budget approved by Congress (surplus or shortage).
- Report the debt held by the public for the bottom line of the current (last) budget approved by Congress (surplus or shortage).
- Discuss the conclusions drawn from the numbers collected and provide insight about the impact of the numbers on the American economy in a response that is at least five sentences in length
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