Question
can you give the answer based on auction activity GDP and Unemployment a)How much is the overall GDP contribution of the industry for the event
can you give the answer based on auction activity
GDP and Unemployment
a)How much is the overall GDP contribution of the industry for the event reported in your article? Which part of the GDP does the event affect (C, I, G or NX)?Explain the expected effects on GDP (whether increase or decrease).
b)Will the event increase or decrease unemployment?Discuss the impact on the economy.
Fiscal Policy
a)Describe the action taken.
b)Is the policy expansionary or contractionary?
Monetary Policy
a)Describe the action taken.
b)Is the policy easy or tight?
Findings, Conclusion and Recommendations
Based on a summary of your findings, comment on the economic health of the industry (microeconomics) and the economy as a whole (macroeconomics). What further recommendations from regulators and industry experts can be applied to sustain the health and development of the industry and the country? Do you agree with these recommendations?State why or why not.
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