You will need to locate, read, analyze, summarize, and react to an economically related news...

Question

You will need to locate, read, analyze, summarize, and react to an economically related news article, news broadcast, or speech. This activity aims to have you think about the specific concepts, principles, and theories that you are learning in class and apply them to real-life events.

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Title: Macroeconomics
Summary of News Article
I.M.F. Predicts Worst Downturn since the Great Depression
By Alan Rappeport and Jeanna Smialek Published on April 14 2020
	With the havoc created by the pandemic COVID-19 or corona virus, the International Monetary Fund (IMF) said that economic growth across the globe is extremely slow and the world is facing the a downturn, which is as worst as the Great Depression. The economic outputs of even major and well-established economies are on the verge of collapsing dues to lockdowns and quarantines. Factories have closed; multinational corporations are not willing to pay their workforce their entire salaries, business firms are willing to employ only 30% of their workforces post the lockdown period. The entire supply chain has been disturbed and it is becoming extremely difficult for the governments of these nations to protect their people as well as their economies.
	According to the predictions made by the IMF this economic, trouble for both the developed as well as the developing economies will be a daunting task for the policymakers. As international travels, imports,

You will need to locate, read, analyze, summarize, and react to an economically related news article, news broadcast, or speech. This activity aims to have you think about the specific concepts,...

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