Discuss how economic data reflects factors that impact business decisions.

Discussion should include

  • GDP per capita
  • Consumer Price Index (CPI)
  • unemployment rate
  • business investments in land, labor, capital, entrepreneurship, and technology
  • government incentives used to promote economic growth
    • tax incentives
    • monetary policy (e.g., lending rate cuts)
    • subsidies
  • retail sales
  • personal income
  • consumption data.