Effect of Covid 19 on the Consumption Trend in Canada
Covid-19 has impacted the Canadian economy in many ways, decreasing economic activity, increasing government deficits and inducing volatility in stock markets to name a few.
Explain how the Covid-19 pandemic has impacted the various types of consumption: durables, semi-durables, and non-durables. How are these impacts different and why? Please limit your response to 200 words.