Discuss three economic policies you might advise the President to pursue in order for his country to achieve this increased standard of living.

The President of Lisavia (a small country) wants to increase productivity in his country. He has recently become aware of an economic principle that suggests that as a nation’s productivity rises, its income will rise and therefore its standard of living will also rise. You have just been appointed as the economic advisor for Lisavia. Discuss three economic policies you might advise the President to pursue in order for his country to achieve this increased standard of living. Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience. Organize your response in a clear and logical manner as appropriate for the genre of writing. Use well-structured sentences, audience-appropriate language, and correct conventions of standard American English. I had submitted the following essay, but the site where have to submit has automatic online evaluation so it gave me a grade of 50 in a scale of 100. I need fixing this one or to do a new essay. whatever way is better for the writer. The Essay I have submitted is this: A Country Standard of Living It is very true that when the productivity of a country rises then it makes the economy stronger and lead to high buying power to people and make their standard of living also rise. For that reason, I might advise the president to pursue some economic policies to increase the standard of living. The first economic policy which I would implement in this country is government funding to new business and entrepreneurs in terms of subsidies and tax reduction so that they can create employment opportunity in our country. For example, when a new business starts like construction then it needs workers and employees for projects so when they got pay then they can increase their buying power and improve their standard of living as they can afford things like a house, food, education to children, etc. The second policy which I would offer is to reduce the import of goods and increase export because when goods from another country come to our country then our currency flows out and value of our currency decreases. Also, when we import, we have a high chance that the economic deficit occurs where expenditures exceed revenue (more money being spent than coming in). While supporting and encouraging export helps to increase the income of our country and business gets profit which is used for making more profit and increase productivity. We should consider that we should export more when our home country’s market needs are fulfilled. The third policy I would advise implement is deregulation of rules and restriction on industries which have a high chance of increasing productivity and growth of our country’s economy. For example, transportation and traveling industry in which when we deregulate rules then we have high chances of lower transportation cost, create employment, increase tourism which generates revenue in our country. The transportation industry is one of the most famous industries to feel the effects of deregulation. Implementation of these several economic policies not only influence the economy’s growth rate but also play a significant role in the day-to-day life of citizens. These policies can help to raise productivity and standard of living in this country. I can offer some the errors the site give from me to fix