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(20 pts) What are the numbers? What has happened to the economy in 2020 in terms of GDP and unemployment? How do these numbers compare
- (20 pts)What are the numbers? What has happened to the economy in 2020 in terms of GDP and unemployment? How do these numbers compare over with previous years?
- (20 pts)Which businesses are being hit especially hard? What is the impact of the downturn in these businesses on other businesses?
- (20 pts)Are all Americans being hit equally hard economically? Give details and explain.
- (20 pts)Do you think that the recovery out of this recession will be V-shaped, U-shaped, or L-shaped? Explain.Here's a video that will help on this:
- How long we can expect the U.S. economic catastrophe to endure(Links to an external site.)
- Minimize Video https://www.youtube.com/watch?v=GGUAqvY1t9A
- (20 pts)What has the Federal Reserve done to help the economy during this pandemic?
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