Information economics question
The Bureau of Economic Analysis measures gross domestic product of an each state, which is the market value of goods and services produced by the labor and property located in a state.
Our national real GDP growth rate is 33.4% from the second quarter to the third quarter in 2020. Real GDP growth rate in Oklahoma is 24.2%, which is below the national growth rate.
Question 1 (5 points). If you are an economic advisor to the state governor of Oklahoma, Mr. Kevin Stitt, explain your policy recommendation to increase real GDP growth rate of Oklahoma.
Question 2 (5 points). Leave your comments to at least two students’ policy recommendation. (e.g., discuss strengths of their suggestions or suggest ideas to improve their suggestions).
SAMPLE ASSIGNMENT
