based on ecnomics, how does this show that fiscal and monetary policy helped the ecnomy during the covid-19 pandemic? personal income increased in the second quarter of 2020the opposite of what normally occurs during a recession. Even though the U.S. economy experienced its biggest contraction on record, with real GDP declining by 31.4% at an annual rate, personal income rose during this period because the government borrowed money and gave it to businesses and households that were disrupted