Measuring the Health of the Economy answer the following by clicking on the link to find the most recent data. 

Make sure you properly label dollars, percentages, or rates.

Point values are in parentheses.

1. A. What is the current US growth rate? (Bureau of Economic Analysis)

B. Which world country has the highest growth rate? (Trading Economics

2. A. 1) What is the current US GDP?

2) What is the US GDP per capita? (Trading Economics)

B. Which G20 country has the highest GDP per capita?

3. A. What is the US. unemployment rate? (Bureau of Labor Statistics)

B. What is the US labor force participation rate? (BLS Labor Force Participation)

C. What is the differencebetween the unemployment rate and the labor force participation rate? Which one is a better measure and why

D. Which demographic has the highest unemployment rate? (BLS employment status)

E. Which demographic has the lowest unemployment rate?

4. A. What is the US trade deficit with China?U.S. Bureau of Economic Analysis then select country from drop down for more information.

B. 1.Which country (click around on the map) does the US have the most favorable balance of trade? How much is the surplus?

2. What happens to US prices when US runs trade deficits.

3. What can be done to reduce the trade deficit?

5. Give 2 reasons why real GDP alone is not an accurate measure of a country's well-being.

 6. Browse theOECD Better Life Index. Pick one measure in the BLI and compare the US measure to a country considered "better-off." What is the measure for each country and what accounts for the difference?

Answer rating: 100% (QA)

1 A You can find the current US growth rate from the Bureau of Economic Analysis website or financial news outlets like Bloomberg or CNBC B To find ou... View the full answer