Faced with the Covid-19 pandemic, President Trump signed the bipartisan law of "Relief and economic stimulus" (C oronavirus stimulus relief bill) to assist tens of millions of households affected by this pandemic. In addition to other measures, the plan included direct payments of $ 1,200 directly to each adult earning less than $ 75,000 annually or $ 150,000 per couple plus $ 500 for each child; loans to companies so that they continue to pay their workers' wages; expansion of the coverage of the payment of unemployment pensions to workers graduated from the corona virus, including part-time and self-employed workers; changes in payments to student loans; different accounting rules for retirements; money for the health sector; extension of the term to make tax contributions until June; among many other measures that imply a monetary injection or increase in the circulation of money in the economy of 2.2 billion dollars (equivalent to 10% of the GDP of the United States!).

What do the President, Congress, and the Fed intend to achieve through these measures?

From an economic point of view, what can you expect as a result of these fiscal and monetary decisions?

What appears to have been achieved so far with the economic stimulus package? Why?

What are the risks of this kind of expansionary fiscal policy?