Develop a 1,200-1,400 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.
APA format with a minimum of 3 peer reviewed citations
Introduction and conclusion
Link: https://www.nber.org/links/gov.html