1.) Describe the supply and demand model and equilibrium as a concept, do you think that this model adequately explains some important economic concepts or do you think that it oversimplifies, explain your answer.

1.) Describe four economic interventions that have been applied during the pandemic, do you think that these interventions achieve their intended purpose, if we had you all over again how might we provide better policy?

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Supply and Demand A Balancing Act The supply and demand model is a foundational concept in economics It explains how the price of a good or service is ... View the full answer