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The Coronavirus pandemic has strongly affected many faces of economies all over the world since the beginning of 2020. According to Tradingeconomics.com, Vietnam's economic growth
The Coronavirus pandemic has strongly affected many faces of economies all over the world since the beginning of 2020. According to Tradingeconomics.com, Vietnam's economic growth rate in 2020 hit 2.91% which was much lower than 7.02% in 2019.1. Let's analyze the reasons which have caused this depression based on the components of the aggregate demand. (1 mark) 2. List down two economic policies, including fiscal and social security protection policies which Vietnamese Government has implemented to help the economy to overcome the depression. (1 mark) 3. Analyze the impact of these policies on boosting the economic growth rate. (0.5 marks)
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