Kwame Nkrumah University Corona Virus Effects on Economy Discussion
Answer the following questions using the articles.
- Read the article entitled “Coronavirus Continues to Weigh on U.S. Consumer Prices” at
https://www.wsj.com/articles/coronavirus-continues-to-weigh-on-u-s-consumer-prices-11591793399
- According to the article, what types of goods and services experienced a fall in prices? What types of goods experience a rise in prices?
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- Why is the Federal Reserve concerned with rising prices during the pandemic?
- Read the article entitled “Denver Was Booming Before the Coronavirus Pandemic. Now It Hopes to Bounce Back” at
- How has the unemployed rate in Denver compared with the US average in the past 5 years? How does GDP in Denver compare with US GDP?
- What are the factors that are cited in the article that will be responsible for the predicted rebound in Denver’s economy?
The following questions are related to the video link below. Answer all
https://www.youtube.com/watch?time_continue=9&v=p8fl-u1UMVA&feature=emb_logo
- Why are some people optimistic that Africa will experience rapid economic growth in the future?
- Do you believe institutions matter for economic growth?
- Do you believe culture matters for economic growth?
- Do you think opportunities for both genders matter for economic growth?
