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The core of the economic problem emerging from corona virus is a supply shock, meaning a reduction in the economy's capacity to make things. In
The core of the economic problem emerging from corona virus is a "supply shock," meaning a reduction in the economy's capacity to make things. In what ways do the corona virus affect the microeconomics in the United States? Can the virus damage the global economy? Do you think the economy will fully rebound after the virus is contained? explain your answer.
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