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Result of the corona virus

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    Assignment ID: FG132487866

    The U.S economy is stressed as a result of the corona virus. Short-term interest rates have been cut by the Federal Reserve, mortgage rates have dropped, oil prices are below $30 a barrel-Saudi Arabia and Russia are in a price war and world demand for oil is at its lowest in decades.
    Comment on one or more of the topics above and state your thoughts of the short-term impact to the U.S. and world economies.

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