Corona Virus Disease Pandemic (COVID-19) has a
devastated impact on many economies of
the world. COVID-19 is not only a public health and medical issue
but also an economic and
fiscal matter. Ghana recorded the first case of the virus in March
2020, three months into the
implementation of the national budget. Therefore, the cost of
fighting the disease is unbudgeted
for, which has created a fiscal challenge for the country. The
Minister of Finance recently in a
statement to...
The Impact of the Corona Virus
(COVID - 19) on the World Economy:
(1) Can It Cause a Global Economic
Recession?
(2) How is COVID-19 Affecting the
Supply Chain and International Trade?
An outcome of the covid-19 pandemic has been an increase in
unemployment. If the inflation gap was zero when the first
unemployment numbers were announced, and assuming no change in r*
or the natural rate of unemployment, the response of the federal
reserve to the unemployment numbers per the taylor rule would be
which of the following?
A. decrease in the fed funds rate
B. increase in the fed funds rate
C. to leave the fed funds rate unchanged
Effects of GDP, unemployment and inflation rate on the ghanaian
economy in this period of Covid-19. Please it should be of about
500 word count. Thank you
Use the AD-AS diagram to show the impact of the COVID-19 virus
epidemic on the Canadian economy in the short run and the medium
run. What type of policies (fiscal/monetary) can help the economy
in the short run? Show on the diagram.