Could you please answer it by providing step by step solution and explanation? I would be very grateful! (Intermediate Macroeconomic)

For this section you do not need to use graphical analysis or mathematical expressions. This section is intended for you to describe using words your knowledge of the course and tests your ability to apply this knowledge to real world events. 7. Throughout the course we have investigated economic theories and built macroeconomic models to understand how employment, output, consumption, prices and interest rates are determined and how they behave and respond to economic shocks. Drawing on these theories answer the following questions thoughtfully. a. Canada's economy (post the COVlD-19 shock) is expected to recover in 2021, meaning that domestic output will bounce back strongly to above normal growth levels. Please identify and explain three factors that Will support and drive this economic recovery. (6 marks) b. While forecasters project an economic recovery in 2021, Canada's economy may still face challenges and risks that prevent the country from overcoming the negative COVlD- 19 shock Identify and explain three economic risks that could act as a barrier to an economic recovery this year. (6 marks)