Suppose you have been given a chance to run a economic policies of a country. How would you choose monetary, taxation, and government spending policies.

• Explain how the changes in the interest rate levels could impact other macroeconomic factors such as inflation, consumption, investments, GDP, and foreign trade. Provide specific examples to help illustrate.
• Compare and contrast the impact of the monetary policies you would make with those of current or historical examples in the United States. What do these examples demonstrate about the validity of macroeconomic models?
• Explain your intent for the taxation policy decisions you would make. What are the macroeconomic principles or models that could influence your decision making?