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Discuss whether public health and the economy are complementary or competing goals in the pandemic.
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Solved in 2 steps
- Over the past few years, quite a number of private loan companies have been established globally. What impacts do you think the pandemic is having on these kinds of companies.During the course of a pandemic, does a company that is considering outsourcing face any unique risks with regard to the industry or its service providers?Why will the market fail to yield efficient outcome during the pandemic?
- What are the benefits that we get when we analyze "The Impact of the Pandemic on Cost of Living between Different Income Level"?Information is an integral part of many public health programs that can be considered as public good. However, individuals can benefit from it if they have access to receive that information. Does the Philippines show efficiency in information dissemination? How about in its vaccination campaign?Discuss which of the following types of technological change in health care likely to be cost increasing: I. threats of malpractice suits that cause physicians to order more diagnostic tests on average for a given set of patients symptoms ii) a new computer-assisted scanning device that enables physicians to take much more detailed picture of the brain iii) the introduction of penicillin earlier in this century iv) greater emphasis on preventive care v) the threat of Covid-19 virus
- According to The Four Rules of Pandemic Economics: The best way to save the economy is to save lives. Saving the economy requires the sacrifice of more lives .Assuming that a vaccine is discovered in say 18 months, discuss what might have happened to the LRAS curve over the period of the COVID crisis.How do preferences on the available vaccine for COVID19 affect or contribute to microeconomics? Please answer in 250 words.