Answer to Question #146371 in Macroeconomics for Sarmad

Question

a. A Parliamentarian has to make a decision whether to spend on welfare of poor people during a COVID-19 pandemic.

Answer 1

The parliament has to weigh the opportunity cost because the poor are more vulnerable in the society and the require more help during this covid_19 pandemic in terms of settling their basic needs and also being able to adhere to covid-19 regulations