For an economy of your choosing (NOT the US). Write about the following: How healthy is the patient? Support your case with data and analysis. Remember: be careful to read any graphs you are using note the units on both axes and the title of the graph remember to say if the data is real or nominal, quarterly or annual Why has this patient not been healthier over the last ten years? What policies have succeeded or failed – choose at least three and explain.What is the finance ministry/government trying to do to improve things? Explain why what they are doing will help.Most central banks provide very useful accounts about their economy and their monetary policies. Many of their websites are in English in addition to the local language. For example, the Bank of Japan puts out regular “Monthly Report of Recent Economic and Financial Developments.” These are all in English and provide a very comprehensive analysis of their health checks that you can use. Many central banks have a policy committee, just like the US and you can read their reports for example here (Links to an external site.). Central banks use historic data but they also try to look forward so their reports provide a view on the economy’s future health. You will want to look at some quality economic commentary from outside the government or the central bank. The problem with economic commentary is not where to find it but how to choose which of the millions of commentaries to read. For further ideas to answer questions 2 and 3 you might try the Economist, the Financial Times or the Wall Street Journal. Remember to reference the notes on plagiarism and general instructions about assignments in the syllabus. RUBRIC How healthy is the patient? Support your case with data and analysis. Remember: be careful to read the graphs you are using remember to say if the data is real or nominal, quarterly or annual.Why has this patient not been healthier over the last ten years? What policies have succeeded or failed – choose at least three and explain.What is the finance ministry/government trying to do to improve things? Explain why this will help.