1. (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?
2. (20 pts)Which businesses are being hit especially hard? What is the impact of the downturn in these businesses on other businesses?
3. (20 pts)Are all Americans being hit equally hard economically? Give details and explain.
4. (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:
5. How long we can expect the U.S. economic catastrophe to endure(Links to an external site.)
6. Minimize Video https://www.youtube.com/watch?v=GGUAqvY1t9A
7. (20 pts)What has the Federal Reserve done to help the economy during this pandemic?