Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please help me with the answers 2- pandemic of coronavirus disease 2019 (COVlD-lg) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-Z). The virus was

Please help me with the answers

image text in transcribed
2- pandemic of coronavirus disease 2019 (COVlD-lg) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-Z). The virus was confirmed to have spread to Bangladesh in March 2020. The first three known cases were reported on 8 March 2020 by the country's epidemiology institute, IEDCR. Since then, the pandemic has spread day by day over the whole nation and the number of affected people has been increasing. Bangladesh is the second most affected country in South Asia, after India. Considering the recent situation a. Do you think pandemic has an inverse impact on GDP growth rate, CPI (inflation), unemployment? Explain considering Bangladesh Context and use relevant data with reference. b. What would a Keynesian and classical likely recommend in response to a recessionary situation? When do you think the Keynesian policy is more effective in minor recession or severe recession? :3. What set of macro policies, if anything, should we have conducted to achieve a better recovery in Bangladesh? Show using the AD/AS model and explain your reasoning

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Business Law

Authors: Jeffrey F Beatty, Susan S Samuelson

3rd Edition

0324537123, 9780324537123

More Books

Students also viewed these Economics questions

Question

2. It is the results achieved that are important.

Answered: 1 week ago