II. TOPIC: Socioeconomic Factors Affecting Business and Industry: Government Policies III. Directions:Identify the appropriate government policy should implement in each economic situation. ECONOMIC SITUATION GOVERNMENT POLICY POSSIBLE EFFECTS OR RESULTS 1. Business closure due to Covid-19 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
II. TOPIC: Socioeconomic Factors Affecting Business and Industry: Government Policies III. Directions:Identify the appropriate government policy should implement in each economic situation. ECONOMIC SITUATION GOVERNMENT POLICY POSSIBLE EFFECTS OR RESULTS 1. Business closure due to Covid-19 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
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter1: Welcome To Economics!
Section: Chapter Questions
Problem 24CTQ: Macroeconomics is an aggregate of what happens at the Microeconomics level. Would it be possible for...
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Direction: identify the appropriate government policy (Fascal
![II. TOPIC: Socioeconomic Factors Affecting Business and Industry: Government Policies
IIL. Directions:Identify the appropriate government policy should implement in each economic
situation.
ECONOMIC SITUATION
GOVERNMENT POLICY
POSSIBLE EFFECTS OR RESULTS
1. Business closure due to
Covid-19
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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F365575fd-ba43-446f-bda4-179adbe91403%2F989859cc-1fd6-4aa5-b65f-52ed5528730b%2F2mbmcf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:II. TOPIC: Socioeconomic Factors Affecting Business and Industry: Government Policies
IIL. Directions:Identify the appropriate government policy should implement in each economic
situation.
ECONOMIC SITUATION
GOVERNMENT POLICY
POSSIBLE EFFECTS OR RESULTS
1. Business closure due to
Covid-19
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
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