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DURING COVID RECESSION MANY GOVERNMENTS IMPLEMENTED AN EXPANSIONARY FISCAL POLICY TO PREVENT DEEP RECESSIONS WITH UNCERTAIN LONG-TERM CONSEQUENCES. However, AS A RESULT, MANY governments ACCUMULATE

DURING COVID RECESSION MANY GOVERNMENTS IMPLEMENTED AN EXPANSIONARY FISCAL POLICY TO PREVENT DEEP RECESSIONS WITH UNCERTAIN LONG-TERM CONSEQUENCES. However, AS A RESULT, MANY governments ACCUMULATE SIGNIFICANT AMOUNTS OF ADDITIONAL DEBT. THE PAYMENTS MAY BURDEN ECONOMIES FOR GENERATIONS TO COME. WITH THAT IN MIND, SHOULD GOVERNMENTS IMPLEMENT EXPANSIONARY FISCAL POLICY OR NOT?

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