What is the current data on the plague 2019-2020? frequency? prevelance? incidence? mortality? morbidity?

Do anyone have any study questions for TEAS reading and English 2020 please.

How much has the financial crisis 2020 affected globalization and how is it looking in the future?

Consider a binomial model with three dates t = 0, 1, 2, two events “up” and “down” at date 1, and two date-2 successors (“up” and “down”) of each date-1 event. The price of the risky asset is S0 = 50 at date 0 and moves up by factor u = 1.3 or down by factor d = 1 each period. One-period risk-free rate of return isr = 0.2, the same at dates 1 and 2.

(i) Find strictly positive state prices and risk-neutral probabilities.

(ii) Find date-0 price of European call option on the risky asset with expiration date 2 and exercise price 60. Find date 1 prices of the option in events “up”

and “down.”

(iii) Suppose that the call option is American so that it can be exercised at date

1. Is it better to exercise the option or sell it at date 1 in event “up”? Do the same comparison for event “down.” Would the price of the American option at date 0 be different from the price of the European option? Explain.

Q2
Impact Of Pandemic On Economy And Recovery Policy
Bernama Radio Bernama TV 08/04/2020 05:54 PM
By Dr Norlin Khalid
Apr 8, 2020 - KUALA LUMPUR (Bernama) – The coronavirus or COVID-19
outbreak, which is said to have originated at a wet market in Wuhan, China, has spread
all over the world like lightning and was categorised as a pandemic by the World
Health Organisation (WHO) on March 11. To date, the virus has infected over a
million people in more than 180 countries and caused over 80,000 deaths. In Malaysia
itself, more than 3,000 people have tested positive for COVID-19 and 63 people have
succumbed to it.
According to a study by JP Morgan and projections by WHO, Malaysia’s COVID-19
positive cases may peak in mid-April with over 6,000 people infected. The Malaysian
government has already taken proactive measures to curb its spread by imposing the
Movement Control Order (MCO) from March 18 to 31. However, the MCO period
was later extended to April 14. Although the MCO compliance stands at 95 percent,
case numbers and deaths are continuing to rise.
The COVID-19 pandemic will certainly have an impact on the global economy,
including Malaysia’s. COVID-19 has shocked the world economic structure which
is now in a state of uncertainty. Recently, the International Monetary Fund announced
that the pandemic will cause a global recession this year which could be worse than
the one triggered by the subprime mortgage crisis of 2008. The latter was caused by
the contraction of liquidity in the banking system in the United States after its real
estate bubble burst. The economic crisis ensuing from COVID-19 involves
practically all the countries of the world and recovery is expected to take a long time.
As long as new positive cases of infection are reported, the economic ecosystem will
continue to be disrupted. Studies by the Organisation for Economic Cooperation and
Development and World Bank have projected a 2.4 percent contraction in GDP
(Gross Domestic Product) growth for the world. Bloomberg reported zero percent or
negative GDP growth in the worst-case scenario.
COVID-19 will also have a negative impact on the labour market. The International
Labour Organisation has predicted that 25 million workers throughout the world may
lose their jobs. Malaysia, which is a small country dependent on other nations such as
the US and China, is also expected to feel the pinch. According to a report by the
Malaysian Institute of Economic Research, Malaysia’s GDP growth will contract by
2.61 percent in 2020. Bank Negara Malaysia (BNM) said in a recent statement that
Malaysia’s economic growth will be in the -2.0 percent to +0.5 percent range. It also
estimated that 951,000 people will lose their jobs. The Malaysian Global Innovation
and Creativity Centre predicted that about 40 percent of small- and medium-sized
enterprises will have to wind up their operations if the COVID-19 chain of infection
persists for three to six months.
CONFIDENTIAL BPA12403/BPA10103
CONFIDENTIAL
4
In the face of COVID-19, the government must focus on two objectives: one, focus
on the necessary protective and safety precautions to break the chain of infection and
two, reduce the negative economic effects by implementing recovery policies
involving active fiscal and monetary policy targets. The fiscal policy targets are
related to government spending and taxation while the monetary policies are related
to interest rates, liquidity and control of money supply.
In terms of fiscal policy, the government has announced a series of economic stimulus
packages to help individuals and companies affected by the COVID-19 crisis.
On March 19, the RM20 billion economic stimulus package (PRE 2020) was
launched to help industries that were directly hit by the first wave of the COVID-19
outbreak, such as hotels and transport companies. After the outbreak entered the
second wave and the MCO was imposed, more individuals and businesses were
impacted. The supply chain is disrupted because almost the entire sector has stopped
working. Some production firms have also stopped operations and worse still, laidoff
workers as they are unable to bear the costs. The PRIHATIN package is aimed at
easing the financial constraints of the people and businesses. On March 27, the
government announced the second RM250 billion economic stimulus package
PRIHATIN, which includes the RM20 billion from PRE 2020. Out of RM230 billion,
RM22 billion would come from a direct fiscal injection; RM100 billion (moratorium
in loan repayments); RM55 billion (guarantees); RM40 billion (withdrawal from
Employees Provident Fund); and RM13 billion (various sources). PRIHATIN’s main
objective is to protect the welfare of the people, support businesses and strengthen the
economy. However, the stimulus packages will cause the nation’s fiscal position to
worsen. To add to that, the global economic crisis has caused oil prices to tumble
down to US$25-US$30 a barrel. In comparison, oil prices were around US$60 a barrel
when Budget 2019 was tabled. When government revenue from oil drops, it will cause
an increase in deficits.
In terms of monetary policy, BNM has cut the Overnight Policy Rate or OPR by 25
basis points to 2.5 percent and reduced the statutory reserve requirement ratio or SRR
by 100 basis points to two percent. These cuts will reduce loan costs, improve
liquidity and stimulate economic activities. Apart from that, the restructuring and
rescheduling of the six-month moratorium will ensure that the capital and financial
market returns to stability. It will also help individuals and businesses facing financial
problems and liquidity constraints.
It is difficult to predict when the economy will fully recover as long as COVID-19
positive cases continue to rise and no vaccines are discovered to treat the disease.
Nevertheless, the government’s fiscal and monetary policies complement one another
and will help to revive the economy by increasing aggregate demand such as public
and private consumption and investment. This will help to stimulate economic growth
through the multiplier effect and reduce the hike in the unemployment rate.
https://www.bernama.com/en/features/news.php?id=1829686
CONFIDENTIAL BPA12403/BPA10103
CONFIDENTIAL
5
(a) Examine the impact of COVID 19 pandemic on the Malaysian economy from
the aspects of unemployment and the wages of labor.

(b) To reduce the negative economic effects of COVID-19 pandemic, the
government is implementing recovery policies involving active fiscal and
monetary policy targets. The fiscal policy targets are related to government
spending and taxation while the monetary policies are related to interest rates,
liquidity and control of money supply. Analyze the implementation of expansionary fiscal policy and monetary policy
to stimulate aggregate demand (AD) in the economy during economic recession.

Kash Company is reviewing its December 31, 2020 unadjusted trial balance and determines that a sale in the amount of $15,000 had been incorrectly recorded as a debit to sales and a credit to accounts receivables. The correcting journal entry at December 31, 2020 is:

3.Following 2 decades of relatively low fertility, the US had a baby boom (sharp increase in fertility) from about 1950 to 1970, then declining fertility since then. [15 points] a.Draw and explain age pyramids for the US in 1990 and 2020. b.What is the NAIRU? What do the letters stand for, and what does it mean in plain English? c.Explain how changes in US fertility over time and the shape of the age pyramids affected the NAIRU in 1990 and 2020.

a)f(u,v) fuction is provide f(6,-2)=2020, f_u(6,-2)=2, f_v(6,-2)=3 equations. g(x,y,z)=f(3yz+x²,2x+2y²-z²) so,

find tangent plane of g(x,y,z)=2020 at the point (0,1,2).

b)Find the tangent line ,which is parallel to question a) tangent plane, of r(t)=<t²+1,2t+7,4t-t²>(-∞<t<∞)