Question

what problem people has to face because on money current situation covid 19

what problem people has to face because on money current situation covid 19
Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

People has to face various problems related to money during COVID 19. The worst scenario is for those who lost their livelihood in the time of this crisis and have become unemployed. They now have to start spending their savings, if any, to keep their body and soul together. Many have to break their FDs and other bonds to cover their expenses. Those who fortunately did not lose their jobs, may have to face severe pay and amenity cuts. There starts to be shortage of liquid wealth. Due to acute shortage of Money with a large number of people, there are also chances of money thefts. These are the many problems on money people are facing during COVID-19.

Kindly upvote:)

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Based on the current global situation due to the Covid 19 pandemic, what do you think...
Based on the current global situation due to the Covid 19 pandemic, what do you think the effect of this pandemic to the overall real estate market performance in Saudi Arabia
What are the current issues with medicaid in relation to COVID-19
What are the current issues with medicaid in relation to COVID-19
Due to COVID 19 situation, what are the impacts on the changes of share prices, EPS,...
Due to COVID 19 situation, what are the impacts on the changes of share prices, EPS, Share Volume, future cash/stock dividends on Banking sector/ industry in Bangladesh. ???
in terms of stagflation and covid 19 What should the government do to, if anything improve...
in terms of stagflation and covid 19 What should the government do to, if anything improve the current economic situation?
One significant consequence of the COVID-19 situation is that many meetings that formerly were held face-to-face...
One significant consequence of the COVID-19 situation is that many meetings that formerly were held face-to-face are now held virtually using something like Zoom or Skype. Suppose the first population is all face-to-face meetings held in March 2020, the second population is all Zoom meetings held in March 2020, and the parameter of interest is μ1 – μ2 = the difference in the mean length of all face-to-face meetings and the mean length of all Zoom meetings. The meeting lengths...
For accounting firms we know there is issues impact the firm because of the Covid 19....
For accounting firms we know there is issues impact the firm because of the Covid 19. But Is there any positive things for the accounting firms because of the Covid 19? List few things that is positive to the accounting firms because of the Covid 19.
A firm has developed a new test for COVID-19. If someone has COVID-19, the test finds...
A firm has developed a new test for COVID-19. If someone has COVID-19, the test finds it 93% of the time. If someone does not have COVID-19 the test returns a positive COVID-19 8% of the time. If the 30% of the populations has COVID-19, what is the probability of someone selected at random having COVID-19 if they tested positive? Give your answer to four decimal places. Please help and show work.
Do you consider the COVID-19 issue is what has put a hiccup in our current economy?...
Do you consider the COVID-19 issue is what has put a hiccup in our current economy? If so, in the financial markets where do you see it effecting the most?
With the onset of COVID-19, people often had a hard time deciding what information was reliable....
With the onset of COVID-19, people often had a hard time deciding what information was reliable. Some people said we have two pandemics: COVID-19 and a "misinformation pandemic". This is not a new problem. The concept of "fake news" was being discussed before this. If you hear someone making a claim (particularly about science), what makes you first trust or be suspicious of it? How do you go about checking the claim? What kinds of evidence do you thing strongly...
why has COVID-19 pandemic become a highly polarized topic? what are the arguments people make that...
why has COVID-19 pandemic become a highly polarized topic? what are the arguments people make that public health initiatives are impacting individual liberty? can you also see the economic impact that has been made through some of the public health initiatives?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT