The whole world and the UK economy faced and are still facing a challenging time amid the outbreak of Coronavirus (Covid-19) in February 2019, in light of the above statement, answer the following questions,

Task 1

a)What are the current three main issues the UK economy is facing? Discuss them?

b)What is the impact of Coronavirus on employment?

c)Explain why inflation is a problem and how we measure the inflation rate?

d)Explain why unemployment is a problem, and how we measure unemployment?

e)What is the difference between Frictional unemployment and structural Unemployment?

Could you please just online the key points of each question?