1. The Impact of Unemployment on Consumer Demand Assignment: Analyze a period in your country's history (e.g.,...
Question:
1. The Impact of Unemployment on Consumer Demand Assignment: Analyze a period in your country's history (e.g., the Great Recession of 2008) when unemployment rates were significantly higher than the average. Discuss the immediate and long-term impacts of rising unemployment on consumer demand, and how this influenced the overall economic activity during that period. Incorporate statistics to strengthen your analysis.
2. Natural Disasters and Macroeconomic Resilience Assignment: Examine a major natural disaster from the past 20 years (e.g., Hurricane Katrina in the U.S., the 2011 earthquake and tsunami in Japan, or the 2004 Indian Ocean tsunami). Analyze its immediate and long-term impacts on unemployment, inflation, and productivity in the affected region or country.
3. Inflation's Role in Distorting Market Signals Assignment: Choose a country that experienced hyperinflation in the past century (e.g., Zimbabwe in the late 2000s, or the Weimar Republic in the 1920s). Detail the events leading up to the hyperinflation, and discuss how this level of inflation distorted market signals. What were the repercussions on savings, investment, and consumption? How did the government and central bank respond?
Submission Requirements: Your content should be no more than three (3) pages, Cite at least three (3) scholarly sources to support your analysis.