Case Study: UAE Central Bank doubles stimulus package, extends debt relief to customers till 2020-end
Problem 1: Discuss the reasons that explain why did the central bank of UAE announce debt relief and a stimulus package following the pandemic corona virus?
Problem 2: With the use of AS/AD framework, discuss the impact of the two types of shocks that UAE economy faces?
Problem 3: You are one of the policy makers working for the government of UAE; discuss why fiscal policy in managing the economy during these special circumstances could be helpful?
Problem 4: Assuming that UAE economy ends up facing deflation after this health crisis. Discuss why deflation could be a serious problem for the economy? What the UAE government could do in order to fight it?
Attachment:- Case-UAE Central Bank announce debt relief.rar