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I need accurate and correct solution The Economic Impact of the COVID-19 in Jordan In your own words, this ( 15 Marks) assignment aims to
I need accurate and correct solution
The Economic Impact of the COVID-19 in Jordan In your own words, this ( 15 Marks) assignment aims to investigate the short- and long-term consequences as a result of the global outbreak of novel coronavirus (COVID-19). Part 1: The Short-Term Impact This part aims to quantify the immediate economic losses caused by the outbreak of novel coronavirus in Jordan. Particularly, determine the affected sectors (industries) and estimate their associated losses. Most importantly, the tourism industry that was hit the hardest during the latest lockdown (Tourism industry contribution to GDP is about 20%). Part 2: The Long-Term Impact Following the end of the COVID-19 outbreak and the availability of national statistics, it will be possible to measure the macroeconomic consequences, and estimates the magnitude of the losses (gains). In addition, model the effect of the COVID-19 on economic growth and major economic indicators. Answer the following questions in details (Each answer must be around 200 words) How does Corona Virus affect Purchasing Power Parity (PPP) across the globe? (10 Points) 2- What is your Future expectations for 6-month Gold, Oil, and Swiss Franc? (10 Points)Step by Step Solution
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