Question 2 - Media article and questions - suggested words (400) (4 marks) An interview appeared on the ABC's 7:30 Report on 17 June 2020 with Dr Nouriel Roubini, Professor at New York University's Stern School of Business, discussing the economic impact of COVID-19. In the interview, Professor Roubini outlined some of the potential short-run and long-run macroeconomic effects the Coronavirus will likely have on developed economies like the US and Australia. Listen to the interview using the link below (or read its transcript) and answer the 2 sub-questions that follow. https://www.abc.net.au/7.30/dr-nouriel-roubini-discusses-the-economic-impact/12366772 Note: A transcript of the interview is available below the video segment. (a) What components of aggregate expenditure (AE) or Aggregate Demand (AD) does Dr. Roubini expect to be most affected as a result of the COVID-19 pandemic? What are the implications for job-creation on the other side of the pandemic as economic conditions improve? (b) Professor Roubini outlined that one of the negative consequences following this crisis will be the rise in protectionism and deglobalisation among trading partners. What are the implications of these tendencies for long-run economic growth in Australia