COVID-19 has made a huge impact on global and US economy and our everyday life.
COVID-19 has made a huge impact on global and US economy and our everyday life. No one is immune to its aftermath, including consumers, businesses (especially small businesses), employees, employers, and governments. In order to combat recession, government has used various policies at both Federal and local levels.
Describe how you and your family are influenced by COVID-19 (both good and bad, e.g., lose/reduced income, higher food costs, less traffic/commute time, tutor children at home, workout more, etc.)
List 5 government policies that help alleviate the financial stress for families and businesses. Include four fiscal policy and one monetary policy. For each policy, you should:
Identify whether it is fiscal policy or monetary policy
Briefly describe how the policy works, who is eligible for the benefit, how and where to apply
Does this policy help you or your family during this difficult time?
Requirements: 500 words
Answer preview to COVID-19 has made a huge impact on global and US economy and our everyday life.
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