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 pandemic and bushfires (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.

References to support your explanations on the last slide of your presentation.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!