Question
1. Draw AD-AS model short term effect of COVID-19 pandemic on Economy. 2. Come up with one policy that will benefit or help the economy
1. Draw AD-AS model short term effect of COVID-19 pandemic on Economy.
2. Come up with one policy that will benefit or help the economy after this initial shock, now draw the new AD-AS curve.
3. Draw how it comes back to long term equilibrium
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Intermediate Microeconomics and Its Application
Authors: Walter Nicholson, Christopher M. Snyder
12th edition
978-1133189022, 1133189024, 1133189032, 978-1305176386, 1305176383, 978-0357687000, 978-1133189039
