Why are some commentators, economists and politicians talking
about “freezing the economy†(meaning trying to keep...
70.2K
Verified Solution
Link Copied!
Question
Economics
Why are some commentators, economists and politicians talkingabout “freezing the economy†(meaning trying to keep all businessesin the same condition they were before the pandemic in order torestart from there as soon as it is possible)? What are someaspects that the macroeconomic models we saw fail to consider?
Answer & Explanation
Solved by verified expert
4.1 Ratings (501 Votes)
In social media a vast discussion related to the pandemic Covid19 social distancing get to back workThe Fox News commentators comment on the topic as what are the economic rules of this upsidedown worldwhere opening the economy too soon produces mass death but shutting it down for too long produces mass suffering Economists were observed that Emil Verner a Finance Professor at MIT said we
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!