Governor/District Bank President [Name] recommends to the Federal Reserve that it should adopt a tight monetary policy to solve the current macroeconomic problems of inflation, unemployment, and economic growth. The Governor/District Bank President also recommends to the Congress that it should adopt a tight fiscal policy to solve the current macroeconomic problems of increase of growth dome... read more
1 page
300 words
Nowadays, there are a lot of developed and developing countries in the world. A country is considered to be well-developed if it has a developed economy, which mainly determined by a high rate of GDP per capita. However, reaching once a high level of GDP does not presuppose that this country is indeed developed. This level should be more or less consistent over time, which refers to economic... read more
2 pages
600 words
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