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Make a reflection paper to indicate what the state of the economy is today and speculate about what government interventions are likely to occur.Be sure

Make a reflection paper to indicate what the state of the economy is today and speculate about what government interventions are likely to occur.Be sure to include the answers above in your reflection. Please help me answer this.

  1. Currency Converter: 1 USD to CAD = 1.26265 Canadian Dollars.
  2. In January, the unemployment rate fell by 0.4 percentage point to 6.3 percent, and the number of unemployed persons decreased to 10.1 million. Although both measures are much lower than their April 2020 highs, they remain well above their pre-pandemic levels in February 2020 (3.5 percent and 5.7 million, respectively).
  3. As of January 2021, the leisure ad hospitality industry had the highest unemployment rate in the United States, at 15.9 percent. In comparison, workers in the financial activities industry experienced the lowest unemployment rate, at 3.4 percent. The average for all industries was 6.8 percent.
  4. The Bank of Canada today held its target for the overnight rate at the effective lower bound of percent, with the Bank Rate at percent and the deposit rate at percent.
  5. Canada's economy rebounded through the summer, but rising COVID-19 casesboth at home and south of the borderwill slow the pace of recovery. Many businesses in Canada face dim prospects over the first half of 2021. ... Real GDP is forecast to post growth of 5.3 per cent in 2021 and 3.5 per cent in 2022.
  6. When a group or a person cares about one thing over all others, that's the top priority. "After the flood, finding a place to live became their first priority." Priority comes from the word prior, which means to come before something else. A priority is the concern, interest or desire that comes before all others.

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