The Coronavirus, in March 2022, was the reason for a major shutdown of economic activity across the globe. Discuss the effects of COVID-19 in the context of the IS-LM Model. Also discuss the government’s response to this event using graphs

Microeconomics
13th Edition
ISBN:9781337617406
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter17: Market Failure: Externalities, Public Goods, And Asymmetric Information
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The Coronavirus, in March 2022, was the reason for a major shutdown of economic activity across the globe. Discuss the effects of COVID-19 in the context of the IS-LM Model. Also discuss the government’s response to this event using graphs.

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