1. From April 2020 to February 2021, the U.S. recovered approximately how many full-time jobs?

A. 10.5 million

B. 14.5 million

C. 17.0 million

D. 20.0 million

2. On the Federal Reserves' response to COVID-19, Professor Bowles is of the opinion that:

A. It is contributing to price bubbles in certain markets.

B. It is essentially creating money to pay for the Federal Government's spending, which poses an inflation risk

C. It has kept interest rates artificially too low for too long, going back to the 2008 Financial Crisis.

D. All of the above are correct.

3. On the COVID relief bills, Professor Bowles is of the opinion that:

A. CARES I and II likely helped the economy move closer to potential output.

B. The corresponding debt comes at a bad time and is concerning for future generations.

C. CARES III may have been unnecessary and poses a risk of inflation.

D. All of the above are correct.

4. CARES III, which was passes in March 2021, received how many votes from Republicans in the Senate and House, combined?

Group of answer choices

A. Zero.

B. Two.

C. Three.

D. Twenty.