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Describe and explain performance trends of the economy

Assignment Help Macroeconomics
Reference no: EM131450272 , Length: word count:1500

The essay should be presented in the following format:

Introduction -

  • Provide an overview of the chosen economy.

Production output performance analysis -

  • Real GDP, Real GDP growth rate, Real GDP per capita analysis
  • Define and explain how each indicator above measures performance of the economy
  • Describe and explain performance trends of the economy
  • Research and explain Government's measures adopted tQ achieve the production output performance

Labour market analysis

  • Describe unemployment trends base on unemployment rates
  • Define unemployment and describe the typical types of unemployment in an economy
  • Research and identify the types of unemployment in the chosen economy
  • Research and explain Government's measures adopted to achieve full employment

Price level analysis

  • Describe the inflation trend based on inflation rate
  • Define inflation and describe the typical causes of inflation
  • Research and identify the cause(s) of inflation in the chosen economy
  • Research and explain Government's measures to achieve stable price

Conclusion -

  • Summary of key highlights of the discussion.

Country selected- Korea.

Total 1500 words Eco paper. APA format.

Attachment:- Assignment File.rar

Reference no: EM131450272

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