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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summarize the economic impact of covid-19.
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covid-19 has had a devastating impact on the global economy, leading to significant economic losses in the form of unemployment, declines in economic growth, and disruptions in global supply chains. governments around the world have been forced to introduce unprecedented levels of monetary and fiscal measures in an effort to contain the economic damage.
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