1. If a recessionary gap were to appear like during the pandemic, how might the economy adjust? Can/should we rely on it to adjust itself? Is it possible that the economy will never adjust to a gap, and things will just get worse and worse?

2. How and why can the decision of U.S. citizens to save money cause economic problems for the economy? So, if the economy is in a recession, who is at fault: business for their savings, or households for their savings, or government?

(Type out short answers no long answers) Thank u!