The county of ABC has hired you as a consultant to provide recommendations to their Commission on Business and Growth. The county has been facing the following challenges: 1. Slow economic growth 2. High inflation 3. Price instability

March 23, 2023March 23, 2023 Discipline: Business and Management

The county of ABC has hired you as a consultant to provide recommendations to their Commission on Business and Growth. The county has been facing the following challenges:  

1. Slow economic growth 
2. High inflation 
3. Price instability 
The Commission is tasked with figuring out what the best path forward is to address business growth and support their business community. There is a central bank but the county presently has no mechanism to address how to handle the economy. What types of macroeconomic and other tools are available for them as you craft your recommendations?  
The Commission has also seen a trend toward small business development, but they are concerned about competing in a free market, workplace skills and trends in a competitive market.  
Based upon your work in Module One, provide some guidance to the commission about key terms, policies and other relevant examples that might be of use to the Commission. Be sure to use any examples from the class to date that are relevant to your answer.  
Your response should be a minimum of three to four complete paragraphs.  

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