Please briefly explain and provide an example of COVID-19's impact in each of the following macroeconomic areas (3 points each):

1. From the circular flow diagram:

a.consumption of goods & services

b.factor incomes

c.production of consumer goods & services

d.factor services (employment)

e.transfer payments

f.government purchases of goods & services

g.imports

h.exports

2. From Chapter 7 - Fiscal Policy

a.spending and expenses

b.taxation and revenues

c.national debt