- Which country of the two you selected has implemented the most preferable economic policies?

- I think Finland has more preferable economic policies because even though it’s communism and they pay a lot of tax, their living and health conditions are very well done compared to Japan. Also, they are one of countries that has high economic status and it’s continuing to grow.

- I think the government should manipulate the economy because free market economy tend to skew to other directions due to the individual entrepreneur’s fear and greed. I think the government regulates the economy but also use tools to mitigate the natural ups and downs of economic cycles. For example, US Federal Reserve helps to maintain a stable growth of the economy through price stability and full employment. The Fed only used to manipulate short term interest rates, but they have now also developed new tools to fight economic crisis. (Manipulating interest rate, Open market operation, Reserve requirement etc)