Question

Create a table that identifies the macroeconomic policies for a high-income country, a middle-income country, and a low-income country.

Short answer

Below are the macroeconomic policies for high, middle, and low-income countries.

Step-by-step solution

Step 1. High-income countries.

a) Try keeping inflation low and stable using monetary policy.

b) Invest in new technologies.

c) Enrich the workforce with more educated people.

d) Create a stable marketplace and economic climate.

Step 2. Middle-income countries.

a) Charge with technologies, human capital, and physical capital.

b) Working for the reduction of government economic control context.

c) Deregulate the banking and financial sector.

d) Reduce protectionist policies.

Step 3. Low-income countries.

a) Suppress hunger and starvation.

b) Achieve high-quality education.

c) Improve maternal health.

d) Ensure environmental sustainability.