Question
1. How did the lockdowns due to the pandemics affect the microeconomics of the the country? 2. Do you think that the minimum wage should
1. How did the lockdowns due to the pandemics affect the microeconomics of the the country?
2. Do you think that the minimum wage should be increased? Explain.
3. What economic trends (a pattern; an indicator that shows how a region or country is doing financially) do you foresee for the 2021 year and that we should be watching? (Examples: unemployment, consumer spending, inflation, employment and labor force, interest rate, international trade, tariffs, will the economy improve?)
4. The core of the economic problem emerging from corona virus is a "supply shock," meaning a reduction in the economy's capacity to make things. In what ways do the corona virus affect the microeconomics in the United States? Can the virus damage the global economy? Do you think the economy will fully rebound after the virus is contained?
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