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Times article talks about how economic shutdowns may cost more lives than the Coronavirus pandemic. Using the labour market equilibrium model (the supply side of
Times article talks about how economic shutdowns may cost more lives than the Coronavirus pandemic. Using the labour market equilibrium model (the supply side of the economy), show graphically howtheCovid-19 shockmight shift the curve(s) in the model. What possible economic policies would you recommend to the government? Briefly discuss.
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