as a result of a global pandemic, the u.s. government institutes a federally funded program to provide payments to small and medium size enterprises that pay their employees during the economic interruption. this is an example of a(n)

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Vaibhav2061 Vaibhav2061

24-10-2022
Business

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as a result of a global pandemic, the u.s. government institutes a federally funded program to provide payments to small and medium size enterprises that pay their employees during the economic interruption. this is an example of a(n)

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RajeevKumarBag RajeevKumarBag · Answer 1 · 2022-11-05T17:07:03+01:00

When screening (or more stringent policies) were first implemented, the predicted number of COVID-19 cases increased by approximately 1.9 times.

And cases per capita were 7.7 times higher, in particular, with a one standard deviation increase in the globalization index.

What effects would a global pandemic have on the economy?

The International Monetary Fund (IMF) estimates that the COVID-19 pandemic has had a significant impact on the global economy. Between 2019 and 2020, the median global GDP is expected to decrease by 3.9%, making it the worst economic downturn since the Great Depression.

Which parts of the economy are being affected by this pandemic?

The COVID-19 pandemic is affecting public health and causing economies and labor markets to be disrupted like never before, including for forest industry workers and businesses. It has made the problems that already exist worse, and as a result, many businesses and employees have suffered.

Learn more about International Monetary Fund here:

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