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Formal Essay

Topic: With the transition of power in democracy comes new policy directives. Imagine you are the National Economic Advisor to President-elect Biden. What policy directive would you offer?

Please provide a formal policy memo that includes:

1. The central economic goal of the administration
2. A specific philosophical paradigm that best models the global economic activity
3. A description of the core problems that exist in the world
4. The potential remedies and solutions to them
5. Finally, the extent to which specific international organizations see the needs of the country.

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