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Question 4. a) Stock markets and the economy - COVID-19 and Business. [5 marks] Consider the values of the following stock market indices on March
Question 4. a) Stock markets and the economy - COVID-19 and Business. [5 marks] Consider the values of the following stock market indices on March 1, 2020 and on May 18, 2020: Index / Indicator Value on Mar 1, 2020 Value on May 18, 2020 Dow Jones 25,634 24,531 S&P 500 2,951 2,949 NASDAQ 8,383 9,346 GSE Composite 2300 2043 NIKKEI 225 21,344 20,134 DAX 11,857 11,058 CRUDE OIL $46.75 $31.82 Calculate the percentage change in each of the indices and Crude Oil price. Why is your interpretation of what is happening given the Covid-19 context? Why do you think we are showing you so many indices/indicators of the US economy and of other economies? That is, what is the implied economic message? i. 11. lii
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