Question
1. What are the impacts of the COVID-19 (Coronavirus) pandemic on aggregate demand, aggregate supply, and equilibrium real GDP in the United States? 2. The
1. What are the impacts of the COVID-19 (Coronavirus) pandemic on aggregate demand, aggregate supply, and equilibrium real GDP in the United States?
2. The coronavirus outbreak has push the United States into its worst post-war recession. A sizable government intervention and support during the crucial period of recession will be needed in many cases. Some people argue that there is too much government intervention, whereas others say there is not enough.
Do you think there is too little or too much government intervention in the United States during the Coronavirus Pandemic? What are the impacts of those government interventions on the U.S. economy?
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