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- 1. Consider the following conversation.CHAD: “None of the COVID-19 vaccines in Canada has full Health Canadaapproval, and if you get injured from the vaccines, then the pharmaceutical companiesare not liable. Furthermore, the vaccines do not prevent against the spread ofcoronavirus, though they may reduce symptoms. However, their efficacy wanes aftera few months.”VIRGO: “Vaccines have helped humanity to conquer diseases like tetanus andsmallpox. Why are you saying that vaccines don’t help at all?”Which logical fallacy does Virgo commit?(A) Argument from authority.(B) Ad Hominem.(C) Post Hoc Ergo Procter Hoc.(D) Straw Man.Review the numbers for Canada and Venezuelafrom Table 33.12 which describes how many barrelsof oil and tons of lumber the workers can produce. Usethese numbers to answer the rest of this question.a. Draw a production possibilities frontier for eachcountry. Assume there are 100 workers in eachcountry. Canadians and Venezuelans desire bothoil and lumber. Canadians want at least 2,000tons of lumber. Mark a point on their productionpossibilities where they can get at least 3,000tons.b. Assume that the Canadians specializecompletely because they figured out they havea comparative advantage in lumber. They arewilling to give up 1,000 tons of lumber. Howmuch oil should they ask for in return for thislumber to be as well off as they were with notrade? How much should they ask for if theywant to gain from trading with Venezuela? Note:We can think of this “ask” as the relative price ortrade price of lumber.c. Is the Canadian “ask” you identified in (b) alsobeneficial for Venezuelans? Use the…Q.Which sectors are the most negatively affected by the Pandemic of the COVID-19?
- Consider Snackistan, a hypothetical country that produces only burritos. In 2019, a burrito is priced at $1.00. Complete the first row of the table with the quantity of burritos that can be bought with $900. Hint: In this problem, assume it is not possible to buy a fraction of a burrito, and always round down to the nearest whole burrito. For example, if your calculations result in 1.5 burritos, the answer should be 1 burrito. uppose the government of Snackistan cannot raise sufficient tax revenue to pay its debts. In order to meet its debt obligations, the government prints money. As a result, the money supply rises by 40% by 2020. Assuming monetary neutrality holds, complete the second row of the table with the new price of a burrito and the new quantity of burritos that can be bought with $900 in 2020. The impact of the government's decision to raise revenue by printing money on the value of money is known as the ________T/F wieth explanationCan you continue to the otherremaining please.Union of South American Nations (USAN)How these RO are affected and responded to the COVID 19 pandemic.
- A local school administrator is concerned that flu outbreaks are putting children at risk, so she proposes that the state should subsidize flu shots in order to increase coverage rates. -Are the administrator’s concerns valid—are too few children getting flu shots—and will a subsidy help? -The school nurse suggests publishing a list of which kids did not get a flu shot, in the hope that public shaming will lead people to vaccinate their children. Is this strategy likely to work?In a conversation about Big Mac, your friend states that s(he) has eaten the same Big Mac 5.71 $ in the USA but 6.88 $ in Switzerland and this arises totally from the tourists’ high demand for Swiss meat under the heavy influence of the Alpine fresh air during the pandemic. Do you agree with this statement? And why?The federal government decides to require that automobile manufacturers install new anti-pollution equipmentthat costs $2,000 per car. Under what conditions can carmakers pass almost all of this cost along to car buyers? Underwhat conditions can carmakers pass very little of this cost along to car buyers?
- What is fisher'sconcept explain it in moths.?Compare and contrast Say's law with Kemudian economics.A flu shot typically costs about $25–$50 but some firms offer their employees free flu shots. Why might afirm prefer to offer its employees free flu shots if the alternative is an equally costly wage increase?