Economic Growth, Unemployment, Cryptocurrency, Articles Analysis

This report presents a comprehensive analysis of economic growth, unemployment rates, and the impact of the global financial crisis and the COVID-19 pandemic on aggregate demand. It utilizes data from the World Bank to examine nominal GDP, real GDP, GDP per capita, GDP growth rates, and unemployment rates across various countries from 1990 to 2020. The report identifies countries with the highest and lowest unemployment rates, analyzes unemployment trends, and explores the effects of economic crises. Furthermore, it delves into the functions of money, analyzing the El Salvador case study on using Bitcoin as legal tender, and discusses cryptocurrency's opportunities, challenges, and impact on the money market. Additionally, the report analyzes supply and demand for loanable funds and illustrates findings with diagrams, evaluating the pandemic's impact on productive capacity. The report includes tables, figures, and references to support its findings.