Working as an economic adviser to the UK government, you are asked to write a report about the challenges current UK economy faces and propose potential solutions to boost economic growth. Your report should cover the 3out of5of following issues:
(1)The (potential) impact of Brexit on migration and UK’s labour market.
(2)The (potential) impact of Brexit on trade and UK’s goods market.
(3)The current fiscal policy and inequality.
(4)UK’s productivity puzzle and its long-run growth.
(5)UK’s unemployment and minimum wage
Based on your analysis, what are your predictionsabout UK’s economy in the near future?
You need to use empirical data to assess the current state of UK economy. You need to use economic theories and intuitions to argue your proposed solutions.