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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 588 |
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Whereas, when the rates are high the real estate market goes rock bottom with minimal sales. High inflation rates show how bad an economy or a country is suffering because high inflation can lead to lower Gross Domestic Product (GDP). GDP is calculated annually based on a country’s exports, productions and consumptions...
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In addition, GDP defines the economic and living standards of a country. Investopedia says, “GDP is not intended to gauge material well-being, but serves as a measure of a nation's productivity, which is unrelated†(Investopedia).
Many news channels today talk about the falling value of the American dollar and are worried that the country is headed towards a recession...
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