Question

possible outcome of the coronavirus and effect on Economy​

Answer 1

Answer:

Explanation:

The catchphrase of the COVID-19 crisis, which has engulfed nearly the entire world and carries severe consequences for countries’ populations and economies, is uncertainty. The IMF recently published the World Uncertainty Index for 143 countries from 1996 onwards. The index is constructed by counting the number of times the term ‘uncertainty’ is mentioned in connection with the terms ‘pandemic’ or ‘epidemic’ in the Economist Intelligence Unit (EIU) country reports. The study reveals that the coronavirus is associated with the highest level of uncertainty in the economic context since the index started recording data.