Question 1 A recent article published by the Federal Reserve (the central bank of the USA), suggests the massive lockdown of the economy" has led to "a large negative demand shock. However, an accompanying increase in unemployment benefits has increased the income of some low- and middle-income households at least temporarily, which could helpfully support aggregate demand". The excerpt above suggests an increase in household income, which might lead to improved aggregate demand. The article further states that "...supply chains in a number of industries have been affected not only internationally, with international trade in general greatly reduced, but also domestically, resulting in price increases for many goods and services": The paper also proposes that.... "with increased unemployment benefits some workers may experience greater income staying at home rather than returning to work. This situation may have positive effects on public health by supporting social distancing, but it may also further complicate the process of business re- openings". d. Consider the subsidies and incentives that Bangladesh's government has provided to the local businesses and the initiative to provide vaccines to the eligible citizens, what might be the expected impact on the workers' health and labor productivity? e. How might the initiative impact the aggregate supply of the labor force and the aggregate demand of households and investors?

Question 1 A recent article published by the Federal Reserve (the central bank of the USA), suggests the massive lockdown of the economy" has led to "a large negative demand shock. However, an accompanying increase in unemployment benefits has increased the income of some low- and middle-income households at least temporarily, which could helpfully support aggregate demand". The excerpt above suggests an increase in household income, which might lead to improved aggregate demand. The article further states that "..supply chains in a number of industries have been affected not only internationally, with international trade in general greatly reduced, but also domestically, resulting in price increases for many goods and services": The paper also proposes that.... "with increased unemployment benefits some workers may experience greater income Staying at home rather than returning to work. This situation may have positive effects on public health by supporting social distancing, but it may also further complicate the process of business re- openings". d. Consider the subsidies and incentives that Bangladesh's government has provided to the local businesses and the initiative to provide vaccines to the eligible citizens, what might be the expected impact on the workers' health and labor productivity? e. How might the initiative impact the aggregate supply of the labor force and the aggregate demand of households and investors