as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain how the global economy is affected by the pandemic.
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the global economy has been severely impacted by the effects of the covid-19 pandemic. lockdowns, business closure, and travel restrictions have caused a significant decrease in economic activity and job loss, leading to an increase in poverty and inequality across the world.
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