PLEASE HELP SOON
How do the Great Recession and the 2020 pandemic in the economy compare?

Answers

Answer 1

The similarity between the Great Recession and the 2020 pandemic on the economy is that its disrupted the economic supply which leads to inflation and rapid employment rate.

What was the Great Recession?

It was the period of a recession that was observed in world economies between 2007 and 2009.

What was 2020 pandemic recession?

This recession was induced by the Coron-avirus lockdown that happened in 2020.

Both economic downturns differed in terms of the economy because the scopes with price and unemployment indices varied.

In conclusion, despite that the Great Recession and 2020 pandemic had different scopes, some lessons and public policies adopted could be useful for a faster economic recovery in the future.

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Related Questions

7. You and your friend from high school were once very similar people, and growing up you had similar backgrounds. Now you are 25, and as you talk to each other, you both realize that you have become very different people. In behavior there are both dimensions of development and themes of development. Explain one of the dimensions of development and how it might apply to the above situation, and explain and give an example of one of the themes of development.​

Answers

The dimensions of development  that i will talk about in regards to the above is openness.

What is friendship about?

Friendship is known to be a kind of relationships that is said to lack any kind of formal structure and it is one where people have to interact.

The term openness in personality is known to be when people are said to be  be high in regards to trait of openness and they are said to be very willing to take in new things, fresh ideas, and others and this is one that is needed in friendship.

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What group made up the largest,
ethnic minority in Germany during
the 19th century?
A. French
B. Italians
C. Hungarians
D. British

Answers

Answer:

if im right its french.

Explanation:

hope this helps?

In his painting "Lady Liberty Leading
the People", Eugene Delacroix
conveys the importance of (a)
A. the primacy of France over the dead and the
living
B. uninhibited freedom of speech
C. nationalist ideal
D. well-armed society

Answers

Answer:

B. uninhibited freedom of speech

Explanation:

Resources that will eventually run out are _____ .

Answers

Answer:

Fossil fuels, Bees, Clean water

Explanation:

scarce! also things such as coal and oil.

Assume that the United States and India enjoy constant opportunity costs in the production possibilities shown in the table.

a) Which country has an absolute advantage in pounds of peanuts?

b) Use the table to calculate the opportunity costs for each good and each country.

c) In which good with the United States specialize, and what range of terms of trade would be acceptable?

d) Draw a PPC for each country, placing pounds of peanuts on the y-axis and pecans on the x-axis.

e) Choose any acceptable terms of trade to plot and label two points on the PPC. Explain how both countries are able to consume be on their individual PPCs.

Answers

The nation that has the absolute advantage in peanuts is India.

How to solve for the absolute advantage of these countries

a. The country that has the absolute advantage in the pounds of peanuts is India. They are able to produce 10 million worth of the product.

b. This is in the attachment

c. From the calculated opportunity costs, India has been shown to have the comparative advantage in peanuts so they have to specialize here.

The US on the other hand has to specialize in pecans because they have  the comparative advantage in it.

d) The PPC for each country is a diagram

e. ) The terms of trade would be a pound of peanut for a pound of pec an for the countries.

Based on this the US would produce 10 units for pecans. They would use 5 units and exchange the remaining 5 units of pecans for 5 units of peanuts from India.

India is also going to do likewise.

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HELP ASAP

economics question

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$800 billion Is the equilibrium real gross domestic product if initial equilibrium real gross domestic product is $500 billion.

What is gross domestic product?

GDP calculates the monetary value of the final goods and services, those purchased by the consumer produced in a nation during a specific time period. It accounts for all the output produced inside a nation's boundaries.

Thus, option B is correct.

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Why are Asteroids, Meteoroids and Comets known as Vagabonds?

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Answer:

“Vagabonds” is just a catch-all phrase used to denote smaller debris in the solar system from the planets and moons.

Explanation:

See this link: https://www.quora.com/Where-are-asteroids-meteoroids-and-comets-known-as-vagabonds-located-in-our-solar-system-Is-Earth-safe-from-these-Vagabonds

What are the responsibilities of an executor? Check all that apply.

paying any taxes that are due on the estate
taking inventory of the property and belongings
appraising and distributing the deceased person’s assets
settling any debts that are owed by the deceased
inheriting assets named in a will if the first choice cannot
acting on someone’s behalf if he or she becomes sick or injured

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The responsibilities of an executor include-

paying any taxes that are due on the estatetaking inventory of the property and belongingsappraising and distributing the deceased person’s assetssettling any debts that are owed by the deceased.

What is an asset?

Any resource that a company or other economic body owns or controls is considered to be an asset. Assets indicate ownership value that may be sold for money.

An executor helps to pay due taxes, record an inventory of the deceased person's as well as their assets, and manage his debts.

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Does a change in consumer's incomes lead to a movement along the demand curve or a
shift in the demand curve?

Answers

Answer:

shift in demand curve

Explanation:

Find and cite evidence of why Central Europe is appealing to manufacturing companies.

Answers

Citing evidence from Sorin Burnete and Lucian Blaga, 2015, the reason why Central Europe is appealing to manufacturing companies is that they often integrate services along with manufacturing.

Why is Europe a home to many manufacturing industries?

The factor that is known to explains why Europe is home to many manufacturing industries is that a lot of immigrants to the region are given  labor for work in factories.

Therefore, Citing evidence from Sorin Burnete and Lucian Blaga, 2015, the reason why Central Europe is appealing to manufacturing companies is that they often integrate services along with manufacturing.

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Pretend you are Rossano Ferretti giving advice to a friend who wants to become a hair stylist. In 2-3 sentences explain
to your friend how he overcame the traditional supply and demand in labor to be a millionaire.

Answers

According to Rossano Ferretti, his unique value proposition was to learn what each hear needed and proceed to give that to it. Here are some other tips that helped him succeed below.

What are the strategies that Rossano used to overcome the traditional supply and demand in labor to be a millionaire?

He focused on the trade.He started at the age of 14 when he enrolled into hair-dressing school.He also focused on influencers, celebrities and socialites. And while doing their session, he took notes of all the things he did that was successful.This helped him to create a brandHe opened his business in some of the major cities in the world such as: Abu Dhabi, Madrid, New Delhi, New York etc.

His secret is branding and charging high rather than being generic and charging low.

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Naomi's good friend tells Naomi that she has an opportunity for her to make some extra money. Her friend asks Naomi for $100 and tells her she will get back $250 by the end of the week. Naomi doesn't ask for specific details but gets the impression that the opportunity is not on the "up and up." Reflection Questions: Does Naomi have a responsibility to make sure she understands the specific details of the opportunity before deciding whether to lend her money? Explain why or why not. Should Naomi lend her friend $100 with the promised return of $250? Explain why or why not. Explain how Naomi's decision in Question 2 demonstrates a pre-conventional, conventional, or post-conventional level of moral reasoning in complete sentences.

Answers

Yes, Naomi has a responsibility to understand the specific details of the opportunity before deciding whether to lend her money because ignorance is not an excuse.

What is Due Diligence?

This refers to the comprehensive appraisal of a business with the aim of evaluating its potential and assessing its risks.

Hence, we can see that if Naomi is a risk taker, she can lend her friend $100 with the promised return of $250, as far as she has a high-risk tolerance.

The decision of Naomi to lend the money if she is a risk taker can be classified as the post-conventional level of moral reasoning because she has moved beyond the perspective of her society.

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Answer:

1. Does Naomi have a responsibility to make sure she understands the specific details of the opportunity before deciding whether to lend her money? Explain why or why not.

Yes, she does, it is true that before deciding to lend her friend the money, Naomi would be responsible for making an effort to comprehend the details of this contract.

2. Should Naomi lend her friend $100 with the promised return of $250? Explain why or why not.

Yes because not only would Naomi earn a bit of money she would be helping her friend that asked for her help, this could make their relationship stronger and if more significant and better business opportunities come up in the future they can trust each other.

3. Explain how Naomi's decision in Question 2 demonstrates a pre-conventional, conventional, or post-conventional level of moral reasoning in complete sentences.

I would consider her response somewhere between pre-conventional and conventional. In stage 2 of pre-conventional reasoning states that the individual considers the value of exchange. in stage 3 of conventional reasoning, it says that the expectations of others drive behavior. Since Naomi is doing this to benefit both her and her friend I would say its both.

Annie's team has just finished a major project and the team has, after a long time, got some free time on hand. however, in the last couple of days, annie has noticed that few of the team members are immersed in online social networking sites during office hours. what is the least effective responsive?

Answers

B might be the answer

Part A Did Sarah create the boxplot correctly? Why or why not? Be sure to address the key features of a boxplot (4 points) Part B. Which of these displays would be best to use to analyze these data? Explain your choice (6 points​

Answers

Sarah did not create the boxplot correctly

The key features of a boxplot

The features of a boxplot are the five number summary, which are:

MinimumQuartiles (Lower and Upper)MedianMaximum

There should be vertical lines at the end and the start of the plot to indicate the minimum and the maximum values.

Also, these lines would show the boundaries of the outliers in the dataset

Hence, Sarah did not create the boxplot correctly

The display that best analyze the data

The boxplot, if drawn properly is the best to analyze the data.

This is so because it would be easy to determine the Minimum, Quartiles (Lower and Upper), Median and Maximum from the plot

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