"Americans could get a check for $1,000 or more in the coming weeks, as political leaders coalesce around a dramatic plan to try to prevent a worse recession and protect people from going bankrupt (The Washington Post March 18, 2020)". "Another 6.6 million people filed for unemployment benefits last week, according to the US Department of Labor, as American workers continue to suffer from devastating job losses, furloughs and reduced hours during the coronavirus pandemic (CNN Business April 9, 2020)". b. Briefly explain how the unemployment benefits scheme can act as an automatic stabilizer in the U.S. economy. (7 marks)