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answer question To speed up the recover from the Condo19 pandemic. the 1.1.5. Congress r'elzentl}.r passed a $1.9 trillion economic relief package. The relief package

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To speed up the recover from the Condo19 pandemic. the 1.1.5. Congress r'elzentl}.r passed a $1.9 trillion economic relief package. The relief package indudes $1 trillion for households. with direct payments of $1,411] to all Americans. It also includes $415 billion to ght the virus and $4M billion for small businesses. Using the ADAE framework, explain what will happen to output, lmernployrnent, and the price level in the she-rt run and in the long run. (Hint: Is the economy currently at the natural level of output?) [2!] marks]

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