The year 2020 had a big impact on the economy due to the global pandemic, also having an impact on the annual income of families, so if your father or mother, for example, receive fixed salaries and tips, they probably felt the impacts of the economic recession.
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</h3><h3>How the pandemic affected the economy
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The rates of infection by the virus and mortality generated a scenario of insecurity that led to a public decision to stop consumerism in order to restrict resources and be able to adopt an effective strategy in a period of great uncertainty.
Therefore, with the measures adopted by the government, such as social isolation, many companies stopped producing, closed for a while and were unable to survive without generating profits.
The impact of the pandemic then led to an economic downturn in several countries and caused thousands of people to lose their jobs or businesses.
To change this scenario, it is necessary to implement public policies with strategies to create jobs, reduce bureaucracy, invest and encourage industry.
Find out more information about public policies here:
brainly.com/question/2595599
Answer:
B) 4.76%
Explanation:
total unemployment = 2.5 million all the people currently seeking jobs and 0.5 million those temporarily laid off (and expecting a recall) = 3 million
Econville's total labor force = 40 million full time workers + 20 million part time workers + 3 million unemployed = 63 million
unemployment rate = unemployed / total labor force = (3 million / 63 million) x 100 = 4.76%
Answer:
The correct answer is B. a positive-sum game.
Explanation:
The positive sum is an expression derived from game theory that refers to a situation in which participants can cooperate and make a profit (+1), so the sum of the resulting winnings is a positive number (+ 1 + 1 = 2 or more).
A positive sum game is a scenario where agents have options capable of improving everyone at the same time. A positive sum game in everyday life is the exchange of favors, where each person can produce a great benefit to another with a small cost.
Answer:
c. both a monopoly and a competitive firm
Explanation:
A monpolistically competitive firm is a firm that has the features of both a monopoly and a competitive firm
Characteristics of a monopoly in a monpolistically competitive firm:
1. Products are differentiated in a monpolistically competitive firm.
2. Firms are price setters.
Characteristics of perfect competition in a monpolistically competitive firm:
1. There is free entry and exist into the industry.
2. There are many sellers
Answer:
$2.22 per moves
Explanation:
Activity rate for moving =expected cost/Expected no of moves =$200000/90000 =$2.22 per mover
