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Record-breaking rainfall leaves fields under water, threatening this year's harvest yield and quality.
This could be Microeconomic - D&S - but I've put it here because I'd like you to think about it in simple terms. How would you show this on a Production Possibility Curve (PPC)?
Then extrapolate: what does a reduction in food security mean for the main macroeconomic objectives: economic growth, inflation, unemployment, the Balance of Payments and inequality. Always, everywhere, economics in action.