This assignment relates to the following Course Learning Requirements: CLR 4 Examine the performance of the macroeconomy over time and explain the link between this performance and the problems of unemployment and inflation.

CLR 5 Analyze the economic factors that affect the level of aggregate economic activity over time.

CLR 6 Evaluate government policies to stabilize the macroeconomy.

Objective of this Assignment: Demonstrate how macroeconomic policies made by the government impact the microeconomy and how this microeconomic impact in turn affects the macroeconomy.

For this discussion, read the following and respond to each question:

To deal with the economic downturn due to the covid-19 virus, Justin Trudeaus federal government acted quickly. The government provided billions of dollars in aid to businesses and direct payments to individuals.

1. Re-visit your response in Discussion #1. For the company you described as having characteristics of pure competition:

a. State the name of the company. Describe the challenges this company has faced and is facing due to the virus and how this government aid will impact the viability of this company. b. Describe the impact of the virus on the employees of this company. How will EI and direct payments from the government impact the lives of these workers?

2. Unemployment certainly rose due to the virus. Given the amount of money injected into the economy by the government, what will be the impact on inflation? Provide reasons based on the knowledge of inflation you learned in this course.

3. While the country continues to deal with the economic fall out from the virus, do you think the federal and provincial governments should invest more into post-secondary education? Give reasons to support your answer based upon the role you feel education will play in the economic recovery.

Make sure to number and label your responses as they are above. For instance, label your response to the first part of the first question as 1a.

Guidelines 1. Post your assignment and/or discussion in the Discussion Forum when your facilitator assigns it. Check the course lessons and weekly schedule for instructions. 2. The length of your response should be 100 150 words for each numbered question. 3. Reply to a minimum of two other classmates original postings with substance and meaningful responses. Post these early in the discussion period so that others have a chance to reply to your postings. 4. Respond to other classmates postings in your original thread with substance and meaningful responses to either produce higher clarity, or summarize your discussion. 5. Leaving your postings to the end of the discussion period will limit others from responding to you and therefore may affect your mark. 6. Ensure you properly cite any work that is not yours in your discussions