{"id":13719,"date":"2023-04-12T20:01:01","date_gmt":"2023-04-12T20:01:01","guid":{"rendered":"https:\/\/www.goodacademic.com\/blog\/questions\/submit-a-journal-entry-a-doc-or-pdf-file-that-thoughtfully-addresses-each-of-the-four-following-bullet-points\/"},"modified":"2023-04-12T20:01:01","modified_gmt":"2023-04-12T20:01:01","slug":"submit-a-journal-entry-a-doc-or-pdf-file-that-thoughtfully-addresses-each-of-the-four-following-bullet-points","status":"publish","type":"questions","link":"https:\/\/www.goodacademic.com\/blog\/questions\/submit-a-journal-entry-a-doc-or-pdf-file-that-thoughtfully-addresses-each-of-the-four-following-bullet-points\/","title":{"rendered":"Submit a journal entry (a doc or .pdf file) that thoughtfully addresses each of the four following bullet points."},"content":{"rendered":"

Introduction<\/font><\/p>\n

The COVID-19 pandemic wreaked havoc on the global economy in an unparalleled fashion. Each step of this three-part core assessment will challenge you to apply key macroeconomic theory concepts to this real-world case study (that we all lived through). In this unit, you are tasked with looking at the global macroeconomic impact of COVID-19 on key indicators such as GDP and the unemployment rate.<\/div>\n
<\/div>\n
CLO 3 – Define Gross Domestic Product (GDP), and identify the four expenditure categories in the equation GDP = C + I + G + Xn; identify the measurement and sources of economic growth.<\/div>\n
<\/div>\n
CLO 4 \u2013 Describe the business cycle; identify the primary measure of unemployment and define \u201cfull employment\u201d; identify the primary measure of inflation and distinguish between demand-pull and cost-push inflation.<\/div>\n
<\/div>\n
Directions<\/font><\/div>\n
Submit a journal entry (a doc or .pdf file) that thoughtfully addresses each of the four following bullet points.<\/div>\n
Provide a brief synthesis (4-5 sentences) of the COVID-19 pandemic and how it impacted the global economy.<\/div>\n
What was the impact of COVID-19 on the USA\u2019s labor force in 2020?<\/div>\n
How did COVID-19 impact consumer and business confidence among the world\u2019s largest economies?<\/div>\n
How did measurement problems factor into the economic impact of COVID-19?<\/div>\n
<\/div>\n
Additional Resources<\/font><\/div>\n
CRS: Global Economic Effects of COVID-19<\/div>\n
   https:\/\/sgp.fas.org\/crs\/row\/R46270.pdfhttps:\/\/sgp.fas.org\/crs\/row\/R46270.pdf<\/div>\n
<\/div>\n
Explaining the economic impact of COVID-19: Core industries and the Hispanic workforce<\/div>\n
   https:\/\/www.brookings.edu\/research\/explaining-the-economic-impact-of-covid-19-core-industries-and-the-hispanic-workforce\/https:\/\/www.brookings.edu\/research\/explaining-the-economic-impact-of-covid-19-core-industries-and-the-hispanic-workforce\/<\/div>\n
<\/div>\n
Ambrocio, Gene, 2021. “Euro Area Business Confidence and Covid-19,.” Research Discussion Papers 4\/2021, Bank of Finland. <\/div>\n
   https:\/\/ideas.repec.org\/p\/bof\/bofrdp\/2021_004.htmlhttps:\/\/ideas.repec.org\/p\/bof\/bofrdp\/2021_004.htmlhttps:\/\/ideas.repec.org\/p\/bof\/bofrdp\/2021_004.html<\/div>\n
<\/div>\n
Survey: US consumer sentiment during the coronavirus crisis<\/div>\n
   https:\/\/www.mckinsey.com\/capabilities\/growth-marketing-and-sales\/our-insights\/survey-us-consumer-sentiment-during-the-coronavirus-crisishttps:\/\/www.mckinsey.com\/capabilities\/growth-marketing-and-sales\/our-insights\/survey-us-consumer-sentiment-during-the-coronavirus-crisishttps:\/\/www.mckinsey.com\/capabilities\/growth-marketing-and-sales\/our-insights\/survey-us-consumer-sentiment-during-the-coronavirus-crisis<\/div>\n
<\/div>\n
The coronavirus effect on global economic sentiment<\/div>\n
   https:\/\/www.mckinsey.com\/capabilities\/strategy-and-corporate-finance\/our-insights\/the-coronavirus-effect-on-global-economic-sentimenthttps:\/\/www.mckinsey.com\/capabilities\/strategy-and-corporate-finance\/our-insights\/the-coronavirus-effect-on-global-economic-sentimenthttps:\/\/www.mckinsey.com\/capabilities\/strategy-and-corporate-finance\/our-insights\/the-coronavirus-effect-on-global-economic-sentiment<\/div>\n
<\/div>\n
Pandemic Impact on Mortality and Economy Varies Across Age Groups and Geographies<\/div>\n
   https:\/\/www.census.gov\/library\/stories\/2021\/03\/initial-impact-covid-19-on-united-states-economy-more-widespread-than-on-mortality.htmlhttps:\/\/www.census.gov\/library\/stories\/2021\/03\/initial-impact-covid-19-on-united-states-economy-more-widespread-than-on-mortality.htmlhttps:\/\/www.census.gov\/library\/stories\/2021\/03\/initial-impact-covid-19-on-united-states-economy-more-widespread-than-on-mortality.html<\/div>\n
<\/div>\n
Ten facts about COVID-19 and the U.S. economy<\/div>\n
   https:\/\/www.brookings.edu\/research\/ten-facts-about-covid-19-and-the-u-s-economy\/https:\/\/www.brookings.edu\/research\/ten-facts-about-covid-19-and-the-u-s-economy\/https:\/\/www.brookings.edu\/research\/ten-facts-about-covid-19-and-the-u-s-economy\/<\/div>\n","protected":false},"excerpt":{"rendered":"

Introduction The COVID-19 pandemic wreaked havoc on the global economy in an unparalleled fashion. Each step of this three-part core assessment will challenge you to apply key macroeconomic theory concepts to this real-world case study (that we all lived through). In this unit, you are tasked with looking at the global macroeconomic impact of COVID-19 […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[710],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/13719"}],"collection":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/comments?post=13719"}],"version-history":[{"count":0,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/questions\/13719\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/media?parent=13719"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/disciplines?post=13719"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/paper_types?post=13719"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.goodacademic.com\/blog\/wp-json\/wp\/v2\/tagged?post=13719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}