With the use of economic concepts of Scarcity, Choice, Opportunity, Cost, Demand, Supply, Quantity Demanded, Quantity Supplied and Supply Demand charts, evaluate the Impact Covid 19 is having on an individual, a family member or friend and or the economy under the following conditions There are 145 million people in the workforce Explain using the Supply Demand curve, how Covid 19 is affecting the workforce Is the Demand or Supply curve affected Which way will the curve shift How many employees are unemployed nation wide How many employees are unemployed in California How does this unemployment affect the supply demand curve for products and services Name at least three sectors, companies or industries Covid 19 has had the most negative impact (laid off lots of employees) reduced demand for the product or service How does this affect supply demand and the economy Name at least three sectors, companies or industries where Covid 19 had a positive impact on employees, i e , employees working from home, hired more employees, etc Congress passed a stimulus package in order to stabilize the economy Discuss the major parts of the stimulus package Who got what and how much From a supply demand point of view, did it help The last stimulus package included $1,400 00 per person on top of theextra $600 00, for a total of $2,000 00 Summarize what most household or a friend's household spent the money on What do do others households spent their money on Did this affect the supply or demand curve Which way would the curve shift As a result of Covid 19 many companies filed for Chapter 11 bankruptcy Google Chapter 11 bankruptcy and discuss the basic objectives of the law Name at least five companies that filed Chapter 11 What is the economic domino effect when a company files Chapter 11 Name a company and its domino effect What affect do these bankruptcies have on the economy Overall, how is Covid 19 affecting the economy Is the U S going into a recession, in a recession or coming out of a recession

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Posted on Jun 30, 2024

With the use of economic concepts of Scarcity, Choice, Opportunity, Cost, Demand, Supply, Quantity Demanded, Quantity Supplied and Supply/Demand charts, evaluate the Impact Covid-19 is

With the use of economic concepts of Scarcity, Choice, Opportunity, Cost, Demand, Supply, Quantity Demanded, Quantity Supplied and Supply/Demand charts, evaluate the Impact Covid-19 is having on an individual, a family member or friend and/or the economy under the following conditions.

There are 145 million people in the workforce. Explain using the Supply/Demand curve, how Covid-19 is affecting the workforce. Is the Demand or Supply curve affected. Which way will the curve shift.
How many employees are unemployed nation-wide. How many employees are unemployed in California. How does this unemployment affect the supply/demand curve for products and services.
Name at least three sectors, companies or industries Covid-19 has had the most negative impact (laid off lots of employees) reduced demand for the product or service. How does this affect supply/demand and the economy?
Name at least three sectors, companies or industries where Covid-19 had a positive impact on employees, i.e., employees working from home, hired more employees, etc.
Congress passed a stimulus package in order to stabilize the economy. Discuss the major parts of the stimulus package. Who got what and how much. From a supply/demand point of view, did it help?
The last stimulus package included $1,400.00 per person on top of theextra $600.00, for a total of $2,000.00.Summarize what most household or a friend's household spent the money on. What do do others households spent their money on? Did this affect the supply or demand curve. Which way would the curve shift.
As a result of Covid-19 many companies filed for Chapter 11 bankruptcy. Google Chapter 11 bankruptcy and discuss the basic objectives of the law. Name at least five companies that filed Chapter 11. What is the economic domino effect when a company files Chapter 11? Name a company and its domino effect. What affect do these bankruptcies have on the economy?

Overall, how is Covid-19 affecting the economy? Is the U.S. going into a recession, in a recession or coming out of a recession?