[Solved] Macroeconomic Event
Review major news reports and discuss a current macroeconomic event. Explain the nature of the event, problem, or the current issue of choice and discuss its relationship and/or impact on any of the following macroeconomic variables. GDP Inflation Unemployment International trade Interest rates Investment Aggregate supply Aggregate demand Fiscal policy Monetary policy Economic development Moreover, share your views about the consequences (good or bad) of such event on the overall economy. Here are several links that will help steer the discussion, but feel free to incorporate others you feel are relevant. https://www.investopedia.com/special-economic-impact-of-pandemics-4800597 (Links to an external site.) https://www.forbes.com/sites/mikepatton/2020/10/12/the-impact-of-covid-19-on-us-economy-and-financial-markets/?sh=58eb85092d20 (Links to an external site.) https://www.brookings.edu/research/ten-facts-about-covid-19-and-the-u-s-economy/ (Links to an external site.) https://www.cnbc.com/2020/11/17/state-of-economy-economic-damage-during-covid-coronavirus-pandemic.html (Links to an external site.) https://www.bloomberg.com/news/newsletters/2020-11-18/bloomberg-new-economy-the-pandemic-s-long-economic-tail (Links to an external site.)I’ve attempted to identify articles that focus more on actual economics and less on political posturing. Please disregard any political commentary found within these articles, as nothing here is intended to represent support for or disagreement with any political party or the outgoing or incoming administration’s position. Likewise, it would be best to leave politics out of the Discussion other than incorporate actual fiscal policy put into place or proposed in response to the Pandemic. For more information on Macroeconomic Event read this: https://en.wikipedia.org/wiki/Economic_forecasting
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