Write a short essay that describes how the GDP and CPI measurements are calculated In your essay, do the following Describe the four categories in the GDP Provide examples of each category Describe how the CPI is calculated Use the link here for your research, but feel free to use additional resources US Bureau of Economic Analysis Do you think the GDP is a good indicator of the strength of the US economy Why or why not Do you think the CPI is a good indicator of inflation Why or why not Click the link below to go to the website of the Bureau of Labor Statistics and locate data on the US CPI Use the link here for your research, but feel free to use additional resources US Bureau of Labor Statistics

Question: Write a short essay that describes how the GDP and CPI measurements are calculated. In your essay, do the following: Describe the four categories in

Write a short essay that describes how the GDP and CPI measurements are calculated. In your essay, do the following:

Describe the four categories in the GDP. Provide examples of each category.
Describe how the CPI is calculated. Use the link here for your research, but feel free to use additional resources.
- US Bureau of Economic Analysis
Do you think the GDP is a good indicator of the strength of the US economy? Why or why not?
Do you think the CPI is a good indicator of inflation? Why or why not?
Click the link below to go to the website of the Bureau of Labor Statistics and locate data on the US CPI. Use the link here for your research, but feel free to use additional resources.
- US Bureau of Labor Statistics

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