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Develop a 2,100-word economic outlook forecast that includes the following: Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.Discuss how government policies can influence economic growth.Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.Describe how trade deficits or surpluses can influence the growth of productivity and GDP. Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan.Recommend, based on your above findings, whether the strategic plan can be achieved and provide support. Use a minimum of three peer-reviewed sources
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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