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Write a paper on the coronavirus effects on US: GDP, economic growth, employment, inflation, consumption, investment....

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Economics

Write a paper on the coronavirus effects on US: GDP, economicgrowth, employment, inflation, consumption, investment. What policycan help: fiscal or Monetary or both?

Notes: At least 5 pages, with data and graphs. It is mandatoryto do the paper.

Up to 10 points added to final grade.  

Answer & Explanation Solved by verified expert
3.8 Ratings (711 Votes)
IntroductionThe Corona virus has correctly been defined as a pandemic by theWorld Health Organization It has caused grevious problems for theentire global world as world leaders continue to find ways offighting the disease Worst hit are 3 countries which are theUnited States China and Italy But up and above the healthconcerns of people the global economy and that of the UnitedStates is surely headed for a economic slump and Recession as perthe estimates of top economists across the globeThe following are graphs and explanation of key economicvariablesCase SpecificsAs the United States goes into a state of lockdown in which nomovement is allowed the problem of economic slow down is realCompanies which run on production and others are all shut to avoidthe pandemic any further This will in turn lead to long    See Answer
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