有咩唔識係度問
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2020 DSE ECON集中討論區
堀宣行
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The Economic Impacts of COVID-19
Coronavirus disease (COVID-19) is an infectious disease caused by a new virus. The coronavirus outbreak is a human tragedy. During this period, there is not enough medical staff in public hospital in Spain and Italy.
(a) An economist stated, `Although the government drastically increase the salary of the medical staff, the problem has been worsen.’ With the aid of diagram, justify his statement. (5 marks)
(b) A sector of the global economy that is feeling major pain from the coronavirus pandemic is the tourism industry. From tour guides to street vendors, everyone who depends on visitor spending is suffering losses. Also, many employees were laid off or request to work from home.
Discuss the effect of Coronavirus disease on economics variables include
(i) Aggregate Output
(ii) Unemployment rate
(iii) ONE other economics variable (12 marks)
自己作左條垃圾
歡迎玩下
Coronavirus disease (COVID-19) is an infectious disease caused by a new virus. The coronavirus outbreak is a human tragedy. During this period, there is not enough medical staff in public hospital in Spain and Italy.
(a) An economist stated, `Although the government drastically increase the salary of the medical staff, the problem has been worsen.’ With the aid of diagram, justify his statement. (5 marks)
(b) A sector of the global economy that is feeling major pain from the coronavirus pandemic is the tourism industry. From tour guides to street vendors, everyone who depends on visitor spending is suffering losses. Also, many employees were laid off or request to work from home.
Discuss the effect of Coronavirus disease on economics variables include
(i) Aggregate Output
(ii) Unemployment rate
(iii) ONE other economics variable (12 marks)
自己作左條垃圾
歡迎玩下
大致岩哂
小弟今年dse試下答
(b)(i) As the number of tourists drops, export of services decreases. Aggregate demand and output drop. As many employees were laid off, the number of labour drops. Short-run aggregate supply and output drop.
(ii) Unemployment rate = (Unemploted population / labour force)
As the industry which depends on visitors is suffering losses, tour guides may be fired and lose their jobs. Unemployed population increases while labour force remains unchanged. Unemployment rate increases.
(iii) Economic variable: Fiscal balance
As the global economy suffers major pain from coronavirus, the companies worldwide have less profits and profit tax revenue decreases. The labours have less salaries due to the worsening economy, so profit tax revenue drops. At the same time, the government has to provide more unemployment benefits because of the increasing unemployment rate, so the govenment expenditure increases. The fiscal balance worsens as a result.
(b)(i) As the number of tourists drops, export of services decreases. Aggregate demand and output drop. As many employees were laid off, the number of labour drops. Short-run aggregate supply and output drop.
(ii) Unemployment rate = (Unemploted population / labour force)
As the industry which depends on visitors is suffering losses, tour guides may be fired and lose their jobs. Unemployed population increases while labour force remains unchanged. Unemployment rate increases.
(iii) Economic variable: Fiscal balance
As the global economy suffers major pain from coronavirus, the companies worldwide have less profits and profit tax revenue decreases. The labours have less salaries due to the worsening economy, so profit tax revenue drops. At the same time, the government has to provide more unemployment benefits because of the increasing unemployment rate, so the govenment expenditure increases. The fiscal balance worsens as a result.
證明呢題太垃圾
你通常MC岩幾題?
40-42咁上下
Lv5~5*倒
應該問:
Is Coronavirus a supply shock or a demand shock?
利申: N年前DSE
Is Coronavirus a supply shock or a demand shock?
利申: N年前DSE
why not both
9日前
各位加油
利申AL econ 年代
學位master都係讀econ
利申AL econ 年代
學位master都係讀econ
push
econ變左冇人討論
支持。
2019 5** lm
2015 econ5* 2016 econ 5**lm
2016果條10分 我俾3個marker改過
7 8 最後checker俾10 咁就計左果題10分
2016果條10分 我俾3個marker改過
7 8 最後checker俾10 咁就計左果題10分
35/45
都可以5**
都可以5**
大專JJ撘單求救
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