COVID-19 created economic crises for state and local governments. Policymakers and analysts are working hard on evaluating economic analysis and balancing budgets. Refer to readings on economic analysis and review the following two resources. Analysis of the Fiscal Impact of COVID-19 on County Finances (NACo) (PDF)Links to an external site. How Public Officials Can Use Data and Evidence to Make Strategic Budget Cuts (PEW)Links to an external site. Then, reply to the following questions; List elements of economic analysis used in The National Association of Counties (NACo) report. What type of economic analysis may have been used in NACo's report? (Provide rationales from the text for your answer). Pew research recommends some tools to determine whether programs and services are effective. What do you think about using these tools in economic analysis? How can they contribute to economic analysis