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How does the world’s economy affect Malaysia’s economy during the COVID-19 pandemic?
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- How can this concept be applied or related to the economic recovery of a country from the COVID-19 pandemic? or to the Ukraine-Russia situation?the effectiveness of measures taken by their government to stabilize the Vietnam economy during covid19 pandemicWrite an assessment report on how the COVID-19 pandemic has affected the South African economy and the effects of the pandemic on South Africa's GDP.
- Global warming has a negative impact on the entire world, but policymakers hesitate to make changes due to the possible effect on the economy. How could new energy policies impact the economy? All global warming policies will be equally funded by all countries. New energy policies can be very costly, and these costs would be passed onto people and businesses. New energy policies would secure all jobs in the energy market. New energy policies are inexpensive and can be implemented easily.Propose THREE solutions that you think might assist policymakers and internal or external stakeholders to recover the economy due to the COVID-19 pandemic.How can the COVID-19 pandemic influence the aggregate demand in a country?
- Using the AD-AS model, which of the following statement better describe what has happened with the pandemic? a. The government discouraged people from engaging in economic activities, which shifted the AD curve left; meanwhile, the government forced the closure of most of the firms in the economy, which shifted the short-run AS curve left, leading to much lower production in the overall economy. b. The government discouraged people from engaging in economic activities, which shifted the AD curve left; meanwhile, the government forced the closure of most of the firms in the economy, which shifted the short-run AS curve left, leading to a lower natural rate of output in the overall economy. c. The government discouraged people from participating in economic activities, which shifted the AD curve right, causing a higher price level for the firm to produce more goods and services. Hence, the short-run aggregate supply shifts to the left, leading to much lower…discussing the effect of the Covid-19 pandemic on the GDP of South Africa during the height of the Covid-19 pandemicIs the heightened of people a unique feature of the current global era?
- Which of the following statements best describes how the COVID-19 pandemic affected US real GDP? A) Real GDP rises above its natural level B) Real GDP remains at its natural level C) Real GDP falls below its natural level D) Impossible to say without more information.According to the case study, "the theory maintained that globalisation championed by the developed economics does not necessarily transcend to economic growth in developing countries, the theory suggested that nations should seek for solution inward by making efficient utilization of domestic resources rather than looking outwards which normally compound the economic problems ". With reference to the above extract, provide a critical discussion on the relevance of globalisation in light of covid 19 pandemic. Source: https://www.sciencedirect.com/science/article/pii/S2405844020308537Describe the outlook of the world’s economy after the COVID-19 pandemic.