Pretend that you work in your Senator’s office as an economic expert.prepare a briefing for your Senator to explain the current state of the US economy (or your own nation’s economy if you are living outside of the United States while taking this course).
1) Diagnosis of economic indicators: Find the current GDP growth rate, unemployment rate, and inflation rate. Write a paragraph that analyzes the health of the US economy as given by these current statistics. At what stage of the Business Cycle is the US economy? 2) What are your recommendations for the government in terms of fiscal policy measures? Explain your rationale for your choices. 3) What are your recommendations for the Federal Reserve System in terms of monetary policy? Explain your rationale for your choices. 4) What are your recommendations for trade policy and the opening up or restricting of borders for imports and exports? Explain your rationale for your choices. 5) If you policies are implemented, what do you predict the economic indicators of GDP growth, unemployment and inflation will be a year from now? 6) Defend your choice of policies from a Christian worldview.