COVID-19 has had multiple effects on our daily lives and led to a general recession of what is today known as the Coronavirus recession. This is an economic recession across the world economy in 2020 due to the 2019/20 coronavirus pandemic (Schwartz, 2020). The trajectory of COVID-19 is highly uncertain. Variables include how long it will take for the virus to play out, how many people will be infected, how many will die, and whether the virus will spread significantly( Zandi et al, 2020). There is thus a need for studies to analyze the detail cost and benefit of an early response to this pandemic. Read more here.