Now determine the worth of your output and the total output of your country for the year. The performance of the economy also is judged on its ability to employ workers. Each month the Census Bureau conducts a nationwide survey to determine the number of employed and unemployed workers. Look through the newspaper for employment reports on the labor force for the United States, Michigan or your local region. A target goal for an unemployment rate is about 4 percent or lower.
Government policies attempt to control sharp price changes in the economy.
New bike Movie ticket Haircut New car Candy bar Shirt Then find the prices of these items in today's newspaper. Compare the prices.