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BACKROUND Today, the world is facing a big economic challenge (among others) Governments are taking measures and trying to offer solutions to the ongoing problems

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BACKROUND Today, the world is facing a big economic challenge (among others) Governments are taking measures and trying to offer solutions to the ongoing problems and pharmaceutical companies are working hard /competing to find the vaccine for the Corona virus Below are the requirements that you need to work on for your assignment from an economist's perspective: 1- GOVERNMENT ECONOMIC MEASURES: (2 PAGES REQUIRED IN TOTAL) The government of Canada has initiated a RESPONSE ECONOMIC PLAN to help Canadians overcome hardship during these challenging times. You are requested to research this on the internet and list the major actions t taken from the Canadian government - look at 3 other countries which have taken a similar route and list briefly their economic response - USA, Germany, UK and France are good examples but feel free to select any other country. (20 points) From a Canadian perspective, what effect will this have on? Wages (5 points) Unemployment (5 points) -Rent (5 points) (Hint: use demand, supply, elasticity and government policy -chapters 4, 5 and 6 for answers) "Explain government intervention in this particular situation from an efficiency vs equity concept (chapter 6) 5 points

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