Fiscal and Monetary Policy During COVID: How did the Government and the Federal Reserve Bank Respond to the Pandemic?

Write a positive (include facts, data) and a normative response, evaluating the response of the Government (= fiscal policy) and the Federal Reserve Bank (= monetary policy) to the pandemic in the U.S. Address the following questions:

1. What measures did and is the U.S. government implementing to support the people and the economy (consumers and producers)? Do you think mistakes were made? Do you think another country had a better response when faced with the the pandemic?

2. How did the Federal Reserve Bank support the economy when faced with the pandemic and the economy heading towards a recession?

3. How do you think fiscal policy differs now under Democratic President Biden versus a Republican President? (Include economic theories, such as Keynesian Economic view and Classical Economic view.)