1) In your opinion, what are the two most important tools/programs that have been implemented this...

50.1K

Verified Solution

Question

Economics

1) In your opinion, what are the two most importanttools/programs that have been implemented this year by the FederalReserve and the US Congress in their attempt to fend off a deepCovid-19 based recession? What evidence do you have in actualresults or from an example in the textbook?
2) In your opinion what are a few potential long term effects ofthese actions on the economy?

Answer & Explanation Solved by verified expert

4.5 Ratings (959 Votes)

The Corona Virus Pandemic has caused big concerns amongeconomists about the probable results that the lockdown may havefor companies and consumer consumption alikeWith companies shut most people demanding only for essentialgoods and services the end result is that people are finding itincreasingly tough to manage their enterprise and to pay itsworkers Over the months of lock down people believe that jobcrisis may come and lead to global recession which may reduceaggregate demand and supplyIn the United States however two critical organizations whichhelp to balance out this effect See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member