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Question 2: The COVID-19 coronavirus is spreading throughout the globe. Besides its impact on public health, this coronavirus outbreak is likely to have significant economic

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Question 2: The COVID-19 coronavirus is spreading throughout the globe. Besides its impact on public health, this coronavirus outbreak is likely to have significant economic consequences. The consensus is that the virus will cause a negative supply shock (decrease in output or GDP) to the world economy, by forcing factories to shut down and disrupting global supply chains (OECD 2020). For your answer, refer to the current situation that is taking place; explain how do the Kingdom of Bahrain government ( Fiscal policy) respond to protect the economy. ( 10 Marks)

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