Describe how productivity increases growth.
Explain how government policy affects growth.
Identify the major tools of macro policy and how they are used to correct market outcomes.
Summarize the track record of macro outcomes.
Describe major impediments to policy success.
Overview
Review the section of your text that covers economic theory and policy changes. In addition, find and read two
recent articles on this topic. Write a 500-750 word (approximately 2 to 3 page) paper that addresses these
questions:
What are the differences between the economic theories and the reality of policy implementation?
How have market outcomes changed over time as a result of the policies?
Support your conclusions with the findings from the articles and the textbook as well as any other sources you
would like to use. Format the paper according to General APA Guidelines. You do not need to include an
abstract but you must include a title page and a references page. These pages are not included in your
word/page count