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Question 2: COVID19 and Spain (16 marks) Spain was hit hard by COVID19. To date the country recording close to 75,000 deaths. Assume, the only

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Question 2: COVID19 and Spain (16 marks) Spain was hit hard by COVID19. To date the country recording close to 75,000 deaths. Assume, the only way to get this virus under control is a vaccine. Figure 3 shows the current situation (post breakout of the virus; pre-vaccination) in Spain. a) Show in Figure 3 the immediate effect on health (h) of a fully vaccinated Spanish population that no longer takes COVID19 precautions (e.g. social distancing). (4 marks) b) Show in Figure 3 the longer-term effect on health and income per capita (v) of a fully vaccinated Spanish population. (4 marks) Figure 3 Health and Income per capita in Spain. Health (h) y (h, )current hy, curent y current Income per capita (v) Interestingly, the incidence of 'normal flu' in Spain was down from previous years. Researchers argue that social distancing, a practice introduced during the COVID19 pandemic, has limited the spread of 'normal flu' c) Show in Figure 3 the immediate health effect of social distancing in Spain, assuming the practice of social distancing is maintained. (4 marks) d) Show in Figure 3 the economic value to Spain of maintaining the practice of social distancing longer-term. (4 marks)

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