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Consider the values of the following stock market indices on March 1, 2020 and on May 18, 2020: Index/Indicator Dow Jones Value on Mar


 

Consider the values of the following stock market indices on March 1, 2020 and on May 18, 2020: Index/Indicator Dow Jones Value on Mar 1, 2020 Value on May 18, 2020 25,634 24,531 S&P 500 2,951 2,949 NASDAQ GSE Composite NIKKEI 225 DAX 8,383 9,346 2300 2043 21,344 20,134 11,857 11,058 CRUDE OIL $46.75 $31.82 i. 11. 111. Calculate the percentage change in each of the indices and Crude Oil price. Why is your interpretation of what is happening given the Covid-19 context? Why do you think we are showing you so many indices/indicators of the US economy and of other economies? That is, what is the implied economic message?

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