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Evaluate the key macroeconomic indicators data of a country and determine the best fiscal and monetary policies for managing growth, inflation and unemployment, while formulating
Evaluate the key macroeconomic indicators data of a country and determine the best fiscal and monetary policies for managing growth, inflation and unemployment, while formulating recommendations for the future. research and assess New Zealand according to the criteria listed below.
- What is the current state of the economy that you have chosen? Collect the latest available data on nominal GDP, real GDP, per capita real GDP, unemployment rate, inflation rate, interest rates, exchange rate(s), and any other important macroeconomic data.
- Is the country experiencing an inflationary gap or a recessionary gap?
- What kind of macroeconomic policy should this country follow?
- Is the real GDP growing and at what rate?
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