Question
using MS PowerPoint that explains and illustrates the impacts that the COVID-19 pandemic of 2019/2020 had on the Australian economy. You will do so by
using MS PowerPoint that explains and illustrates the impacts that the COVID-19 pandemic of 2019/2020 had on the Australian economy.
You will do so by comparing the three main macro-economic indicators - GDP growth, inflation and unemployment - in April 2020 to a point in time post to the covid pandemic (post- April 2020), then you will illustrate and explain the impacts using the AD-AS model. Provide references that support your work and submit your slides and a link to your video for marking.
Suggested procedure
Visit the Snapshop Comparison tool on the Reserve Bank of Australia website:.
Compare key economic indicators - GDP growth, inflation and unemployment rate in April 2020 to any month and year Post to May 2020.
should include the following:
A comparison of the key economic indicators in April 2020 to a month and year post to May 2021.
A graph using the AD-AS model that illustrates the impacts of the bushfires and the COVID-19 pandemic on GDP, unemployment and price level. Explain the graph why curves shift
References to support your explanations on the last slide of your presentation.
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