Question
1, How did (do) the recent events (Covid and policies designed to limit the human and economic impact of the pandemic - supply chain disruptions,
1, How did (do) the recent events (Covid and policies designed to limit the human and economic impact of the pandemic - supply chain disruptions, the decline in international trade and immigration, lockdowns, and other regulations) impactproductive resources, employment, and overalleconomic (or productive) efficiency? Use the PPF and a Circular-Flow diagram to illustrate the economic effect of the events. See Ch 2 Notes
2.Use the model of a Production Possibilities Frontier and a Circular Flow diagram to discuss the economic impact of immigration. See Ch 2 Notes, Thinking Like an Economist.
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