3. (Maximum length one page.) In the first year of the COVID-19 pandemic, one in twelve individuals in elder care facilities within the United States died of COVID-19. Researchers discovered that the facilities that had the largest outbreaks of COVID-19 cases had larger shares of part time workers that worked at multiple (different) facilities. These multi-facility workers were small in number. Yet, as discussed in class, they had a large effect on the dynamics of the pandemic in elder care facilities. a) Using the concepts of social network analysis discussed in class, how would you explain this finding? b) How does the finding relate to economic circumstances of these part time workers? c) Provide two ideas related to economics and finance that could have alleviated this problem and also had an effect on inequality.
3. (Maximum length one page.) In the first year of the COVID-19 pandemic, one in twelve individuals in elder care facilities within the United States died of COVID-19. Researchers discovered that the facilities that had the largest outbreaks of COVID-19 cases had larger shares of part time workers that worked at multiple (different) facilities. These multi-facility workers were small in number. Yet, as discussed in class, they had a large effect on the dynamics of the pandemic in elder care facilities. a) Using the concepts of social network analysis discussed in class, how would you explain this finding? b) How does the finding relate to economic circumstances of these part time workers? c) Provide two ideas related to economics and finance that could have alleviated this problem and also had an effect on inequality.
Chapter9: The Physicians’ Services Market
Section: Chapter Questions
Problem 6QAP
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Question
Transcribed Image Text:3. (Maximum length one page.) In the first year of the COVID-19 pandemic, one in twelve individuals
in elder care facilities within the United States died of COVID-19. Researchers discovered that the
facilities that had the largest outbreaks of COVID-19 cases had larger shares of part time workers that
worked at multiple (different) facilities. These multi-facility workers were small in number. Yet, as
discussed in class, they had a large effect on the dynamics of the pandemic in elder care facilities.
a) Using the concepts of social network analysis discussed in class, how would you explain this
finding?
b) How does the finding relate to economic circumstances of these part time workers?
c) Provide two ideas related to economics and finance that could have alleviated this problem and
also had an effect on inequality.
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