Activity 3: Effects of Government PoliciesиоITOUятMARSDirections: Identify the appropriate government policy should implement in each economicsituation below and discuss its possible effects or results. Then erstening on inrewaris uoy lo spsq deel of spsqEconomic SituationPossible Effects orGovernmentPolicyResults ml ms ! divilsA1. Business closure due toCovid-19of sonshoqmi woy miqxs nemuanco-tnsbuta s Amoltoonid2. Strengthening themicrobusinesses.3. Maintain the prices ofmedical supplies andequipment related to Covid-19.Inoltoubor vivit Adi elugmo0 Juoni hods! eldsinsritw X tugtuo nol siu4. Many people were joblessdue to pandemic.810Jou

"In macro-economics there are two types of policies: Fiscal Policy and Monetary Policy. Fiscal…

tivity 3: Effects of Government Policies Directions: Identify the appropriate government policy should implement in each economic situation below and discuss its possible effects or results. men alslomos 100 InW ewans Economic Situation Possible Effects or Government Policy Results mlms divitoa 1. Business closure due to Covid-19 med en of sonshoqmi woy niqx9 19m noifoenic 2. Strengthening the microbusinesses. 3. Maintain the prices of medical supplies and equipment related to Covid- 19. 4. Many people were jobless due to pandemic. 19

tivity 3: Effects of Government Policies Directions: Identify the appropriate government policy should implement in each economic situation below and discuss its possible effects or results. men alslomos 100 InW ewans Economic Situation Possible Effects or Government Policy Results mlms divitoa 1. Business closure due to Covid-19 med en of sonshoqmi woy niqx9 19m noifoenic 2. Strengthening the microbusinesses. 3. Maintain the prices of medical supplies and equipment related to Covid- 19. 4. Many people were jobless due to pandemic. 19

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter2: Choice In A World Of Scarcity

Section: Chapter Questions

Problem 22CTQ: What assumptions about the economy must he true for the invisible hand to work? To what extent are...

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What assumptions about the economy must he true for the invisible hand to work? To what extent are those assumptions valid in line real world?