Review major news reports and discuss a current macroeconomic event. Explain the nature of the event, problem,
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Question:
Review major news reports and discuss a current macroeconomic event. Explain the nature of the event, problem, or the current issue of choice and discuss its relationship and/or impact on any of the following macroeconomic variables.
- GDP
- Inflation
- Unemployment
- International trade
- Interest rates
- Investment
- Aggregate supply
- Aggregate demand
- Fiscal policy
- Monetary policy
- Economic development
Moreover, share your views about the consequences (good or bad) of such event on the overall economy.
Expert Answer:
One current macroeconomic event worth discussing is the ongoing global semiconductor shortage This shortage has disrupted various industries particularly the automotive sector which relies heavily on ... View the full answer
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