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2018 Index of Economic Freedom

2018 Index of Economic FreedomPart 1 Macro Economic Variables
2018 Index of Economic FreedomPart 1 Macro Economic Variables

2018 Index of Economic Freedom

Part 1 Macro Economic Variables

In this next write up the client asked us to develop an article which addresses the following questions on macro-economic variables. Here are some of the questions that we considered in developing the write up. Should you need a similar writing and research, just talk to us and we would be glad to help

Go to and look through the 2018 Index of Economic Freedom, where 150+ countries are ranked according to their levels of economic freedom.

A) Explain the current ranking of South Korea and how it has changed in recent years.

  1. B) Pick a country with a ranking below #100 and explain - based on the criteria used in the Index - how they could improve it.
  2. C) Pick a country in the top ten of the rankings and clearly explain - based on the criteria used in the Index - the primary reasons for its ranking.

QUESTION #2

A rapidly developing country has hired you to present a specific strategy for keeping their inflation and unemployment rates low while maintaining a healthy rate of GDP growth. Please describe in detail at least four things that can be done to accomplish this.

QUESTION #3

  1. A) Based on what you have learned in this course and what can be gleaned from additional sources, outline a positive set of outcomes that could follow the recent tax cuts in the United States.
  2. B) Outline a negative set of outcomes that could follow the recent tax cuts in the United States

Each answer should be at least 150 words long and in APA format. These answers should be primarily in your own words and all sources drawn from must be clearly referenced and cited, per APA requirements. Quotation marks must be used for all direct quotes.

Part 2: Micro economic Variables

Question #1

  1. A) List and explain the six properties of ideal money.
  2. B) You are a citizen of a newly developing economy and been appointed to develop a new currency and banking system that works effectively at home and will be accepted by foreign countries your economy intends to trade with. Based on the six properties in A), describe this currency (you may be creative) and the banking system.

Question #2

  1. A) Say the economy is growing rapidly and you are the newly hired Federal director of fiscal policy and have been given the job of creating policies for the next four years that will prevent the economy from overheating and maintain healthy economic growth. Based on the assigned reading from the text and any additional scholarly sources you choose to draw from, describe what you will do to succeed at this task.
  2. B) Here the requirements are the same as for A) above, except that in this case the economy is shrinking and unemployment is rising. Your goal is to bring employment and economic growth back to healthy levels.

Question #3

  1. A) A list and explanations of the components of Aggregate Demand and what kinds of economic conditions will cause it to rise, along with those that will cause it to fall.
  2. B) A list and explanations of the components of Aggregate Supply and what kinds of economic conditions will cause it to rise, along with those that will cause it to fall.

Other assignments in the same domain are key variables in Australia and Monetary policy.

2018 Index of Economic Freedom

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