Problem 5 (you can type this one) Read the following two articles one by one and answer the following questions in 500 - 700 words: 1) The economy as we knew it might be over, Fed Chairman says https://www.cnn.com/2020/11/12/economy /economy-after-covid- powell/index.html?fbclid=IwAR3maBS6QtTOXY FH07L- pm2fybvRgRfuEQQMScBET9kh6P88v9_r3KObOs 2) Seven ways COVID-19 is disrupting Canadian housing https:/ /royal-bank-of-canada-2124.docs.contently.com/v /seven-ways-covid-19-is-disrupting- canadian-housing-report a) Do you agree with the Fed chairman that "the economy that we knew might be over"? Discuss this in the context of the AS-AD and MS-MD model that we have learned in class. b) What are the main drivers of housing market in Canada? How the Covid-19 pandemic is going to impact those factors? Do you agree with the outcomes presented in the report by RBC? How might their prediction effect the Canadian economy in the context of the AS-AD and MS-MD model that we have learned in class