1. Choose the country you would like to research:

ROMANIA

2. What kind of macroeconomic policy should Romania follow

3. What is Romania's per capita real GDP on Purchasing Power Parity.

Is Romania experiencing an inflationary gap or a recessionary gap?

5. Is Romania a real GDP growing and at what rate? Why or why not?

What is the trend in this variable?

Is the per capita real GDP increasing?

Can you find the relevant data for the last couple of years or more?

6. Will the unemployment rate and inflation rate change?

Is Romania's current unemployment rate close to NAIRU? Higher or lower

7. At what stage of the Business Cycle is Romania a country presently in? Is there an inflationary or recessionary gap?

8. What kind of fiscal and monetary policies is Romania presently following? Expansionary or contractionary?

9. What kind of exchange rate policy is Romania presently following? Fixed exchange rate or flexible exchange rate?

10. How is Romania's economy going to perform in the coming years? What does the future look like?

Cia.gov, 2022,www.cia.gov/the-world-factbook/countries/romania/.

:Principles of Macroeconomics - Open Textbook