"Do you think that the COVID-19 has a Microeconomic impact on the US Economy"?  If yes or no,   it's not essay assignment it's just a paragraph do you think  covid-19 had negatively or positively impact on the conomy

Q: Question attached

A: Oman Singapore Labor hours per ton of biscuit 1 biscuit= 1600/2400= 2/3= 0.66 1 biscuit =…

Q: If each person specialized according to comparative advantage and later decides to move 4 units of…

A: To calculate the specialization of each person, we can simply calculate the productivity ratios of…

Q: has globalization changed given the current situation we are experiencing due to COVID-19? please…

A: It refers to the increasing integration of economies round the world, significantly through the…

Q: “In 2019, I started my small business by selling prints of my photographs. Now it’s temporarily…

A: Opportunity cost refers to the next best alternative that is foregone to select the best…

Q: Make an essay defining what a global citizen is in 300 words. The guide questions are the ff: • What…

A: Make an essay defining what a global citizen is in 300 words,   Answer given below

Q: The graph below shows the short-run production possibilities frontier for a hypothetical country…

A: A production possibility frontier shows all the combinations of two goods that can be produced using…

Q: Suppose we extend the circular flow model to add imports and exports. Copy the circular flow diagram…

A: Circular flow model: It refers to that model which shows the flow of money in the economy. Money…

Q: Course: Macroeconomics Assume that one day's labor in Argentina can produce either 20 units of…

A: opportunity cost measures the trade-off between two goods i.e. a good need to be given off in order…

Q: 10. Suppose that increased international trade makes product markets more competitive in the U.S.…

A: International trade refers to a term used to define the process of exchanging products and services…

Q: Suppose that each U.S. worker can produce 8 units of food or 2 units of clothing daily. In Fredonia,…

A: Absolute advantage refers to the ability of a country to produce goods more efficiently or more…

Q: The island of Hispaniola, located in the Caribbean, is divided roughly in half by the two countries…

A: Per capita GDP refers to the total output of a country divided by its population. It is the value of…

Q: Which of the following statements about point E is FALSE?     a) production of both X and Y can…

A: Production possibility frontier: It represents various possibilities of production of two…

Q: Do you think that the COVID-19 has a Microeconomic impact on the US Economy"? if yest or no what is…

A: Microeconomic impact would mean impact on individual units, be it households or a firm.  Given that…

Q: Ricardo Model: Suppose there are two countries, Home and Foreign, that produce two goods, fish (F)…

A:

Q: n what way is applied economics important in tackling economic issues of the country?Philippines

A: In Philippines the applied economies has been determined in the likely outcomes and it is possible…

Q: 29. Assume a Ricardian, constant-cost world. There are two countries, the United States and Canada.…

A: It is given that it is a constant cost world.

Q: There are two countries, NZ and AUS, which use the same technology for production of food and cloth.…

A: Answer d) In the Absence of trade, the equilibrium point is 1 Where the relative demand curve is…

Q: onsider Table 1 above. What is Uruguay's GDP per capita?       A) $1,998.34       B) $7,454.30…

A: Gross Domestic product (GDP) measures the value of final goods and services produced within the…

Q: Briefly explain the effects of COVID-19 on the world economy

A: The advent of covid-19 has highly affected the economies in the world .The outbreak of coronavirus…

Q: What would you suggest each of these countries produce? Explain your answer.

A: Country Cars Wine USA 15,000,000 20,000,000 SPAIN 10,000,000 18,000,000

Q: Sean, a lecturer at Oxford University, is a staunch advocate of globalization. He asserts that…

A: Globalization refers to the integration of world economies. Integration happens in term of free flow…

Q: Shane who is a farmer of a city bought a tractor worth $18,500 from an importer so that the mango…

A: The gross domestic product refers to the total amount of all the goods and services that is produced…

Q: Consider two economies (indexed by i = 1, 2) described by Yi(t ) = Ki(t )θ and Ki(t ) = siYi(t ),…

A: (Q) Consider two economies (indexed by i = 1, 2) described by Yi(t ) = Ki(t )θ and Ki(t ) = siYi(t…

Q: Q58 Suppose Spain is currently producing 90 units of wine and 10 units of cheese, but to produce 10…

A: Answer: To produce 10 more units of cheese Spain sacrifices 30 units of wine. So the opportunity…

Q: Course Title: Macroeconomics Suppose that the USA can make 15,000,000 cars or 20,000,000 bottles of…

A: International trade: - it means the buying and selling of goods and services with other countries.

Q: 3.What are the economic benefits of construction? How does the construction industry affect the…

A: Economic benefits of construction CCommercial buildings cause real estate and infrastructure to…

Q: Which of the following are myths about the U.S. economy? Check all that apply.   A. The United…

A: Since US consume 88% of total items that are produced in US, therefore, we can say that US is…

Q: It is often mentioned in the news media that Canada, being a small open economy, can benefit from a…

A: Here, it is given that Canada is a small open economy, but it is able to get benefit from the higher…

Q: hat political factors are driving the new global innovation economy?

A: Political factors include the policies and rules made by the government of the country.

Q: 15 - According to the graph, for this economy, an increase in the quantity of capital goods produced…

A: Production possibility curve shows all the combination of two goods which can be produced with the…

Q: If Texia specializes in food, it can produce 1,000 units of food and 0 units of clethingg this year…

A: Correct: Texia, Urbania  Texia specializes in clothing and Urbania specializes in food.

Q: What are our nations major macroeconomic goals? Are they in conflict with each other ?

A: Macroeconomics refers to the behavior of the entire economy. macroeconomics can be defined as a…

Q: A critical element of the Heckscher-Ohlin model is that     a.   Different goods display…

A: According to the H-O theorem, a country will export good which requires the intensive use of the…

Q: H6.. Discuss the current political and economic challenges faced by Russia under Vladimir Putin and…

A: Because of their developing authoritarian tendencies, revisionist opponents of the United States'…

Q: Production possibility concept is useful in macroeconomics to ____________. a. Know the production…

A: The production possibilities curve “is a frontier between all combinations of products that can be…

Q: Explain specifically how a microeconomic concept you learned in Economy be applied to your everyday…

A: Economy refers to the place or area in which the various everyday transactions take place such as…

Q: Solve the attachment.

A: The production possibilities frontier (PPF) shows the different possible combination of two goods…

Q: What is the trade balance between the U.S. and China from 2018 to 2020? Graph the year and trade…

A: As per the guidelines only the first question can be answered. Kindly repost the questions. Trade…

Q: Suppose that United States produces 10,000,000 barrels of oil and 1,000 bushels of wheat each week.…

A: The term autarky means a situation when there is no trading occurs between the two countries. Here,…

Q: What will be the impact of Covid 19 on global economy and local economic system? Explain.

A: The pandemic has spread quickly, affecting millions of people and bringing economic activities to a…

Q: Q3) Illustrate the Production Possibility Frontier by graph from the table below and explain what…

A: The production possibility frontier is the maximum that an economy can produce while using all its…

Q: The poem Construction (2008) by Aoife Mannix is effective in painting a clear picture of the…

A: Globalization: Globalization is a term used to portray how exchange and innovation have made the…

Q: uppose that the USA can make 15,000,000 cars or 20,000,000 bottles of wine with one year's worth of…

A: For USA15,000,000 C= 20,000,000 Wthus Opportunity cost for cars, C = (20,000,000/15,000,000) W =…