\ctivity: Effects of Government Policies Directions: Identify the appropriate government policy should implement in each economic situation below and discuss its possible effects or results. Economic Situation Government Possible Effects or Policy 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.

\ctivity: Effects of Government Policies Directions: Identify the appropriate government policy should implement in each economic situation below and discuss its possible effects or results. Economic Situation Government Possible Effects or Policy 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

Chapter3: Demand And Supply

Section: Chapter Questions

Problem 47CTQ: Agricultural price supports result in governments holding large inventories of agricultural...

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