This is not a writing assignment, this is a multiple-choice question
The major global event in the year 2020 has been the Coronavirus pandemic. It has impacted our health, social lives, the economy and our outlook regarding the future, and our general feeling of security. Since economics is the primary focus of this class, let us focus on the economic impact of the Covid19 pandemic upon the U.S. and world economies.
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Question:
Which of the below is NOT one of the observed impacts of the pandemic upon the global economy?
Group of answer choices
Over 30 million people in the U.S. filed for unemployment benefits in the 6-week period preceding April 30, 2020.
By April 30, 2020, there was definite evidence that the coronavirus pandemic under control and on the decline in the U.S., and therefore U.S. economic growth could be expected to pick up starting May 2020.
The FTSE, Dow Jones Industrial Average and the Nikkei have all seen huge falls since the outbreak began .