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Principles of Economics Introduction of the Event- Corona Pandemic 2019 According to IMF (2020), due to the corona virus pandemic the global economy is expected to shrink by 3 %, the worst ever and steep slowdown and downturn since the great depression of 1930. Several countries of the world decided to impose severe to eased lockdowns depending upon the governments and recommendations of UN and WHO, it shut down businesses and ceased all th…
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