Question
Please do research on the FINLAND and answer the following questions in essay format. Add sources if research is performed. What is the current state
Please do research on the FINLAND and answer the following questions in essay format. Add sources if research is performed.
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?
What is the per capita real GDP on Purchasing Power Parity basis? 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?
Is the current unemployment rate close to NAIRU? Higher or lower?
At what stage of the Business Cycle is this country presently in? Is there an inflationary or recessionary gap?
What kind of fiscal and monetary policies is this country presently following? Expansionary or contractionary?
What kind of exchange rate policy is this country presently following? Fixed exchange rate or flexible exchange rate?
How is this country's economy going to perform in the coming years? What does the future look like?
Will the unemployment rate and inflation rate change? Why or why not?
Note: Please provide the latest data and add some
references too and please do it in a essay format with maximum of 2000 words
and explain briefly. PLEASE
Thankyou.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started