Produce a report on India to inform a government policymaker about how changes in the central bank’s policy rate can affect the economy during the Covid-19 crisis.
TASK: Produce a report on India to inform a government policymaker about how changes in the central bank’s policy rate can affect the economy during the Covid-19 crisis. Your report should provide: (1) An analysis of reasons why central bankers decided to cut down their policy rates, and how aggregate demand, output levels, unemployment and […]