Unit 5: Assignment – Core Assessment Part 2 of 3: Macroeconomic Analysis of a Pandemic – COVID-19, Economic Growth, and Unemployment Introduction The COVID-19 pandemic wreaked havoc on the global economy in an unparalleled fashion. Each step of this three-part core assessment will challenge you to apply key macroeconomic theory concepts to this real-world case […]
During the period between the petroleum discovery and its extraction, the current account of a country moved sharply into deficit. Can you link these two events using macroeconomic theory?
QUESTION 1: During the period between the petroleum discovery and its extraction, the current account of a country moved sharply into deficit. Can you link these two events using macroeconomic theory? QUESTION 2: A commercial bank decides to borrow some precious metals from the central bank at the prevailing lease rate. It then immediately sells […]