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help Question 10 5 pts Suppose that the US economy enters a recession in April 2020. That month the unemployment rate was 14.7%. US policymakers

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Question 10 5 pts Suppose that the US economy enters a recession in April 2020. That month the unemployment rate was 14.7%. US policymakers respond by immediately engaging in a large package of expansionary fiscal policy. Five months later, the unemployment rate is 18.7%. Which of the following is correct regarding the effect of the fiscal policy on unemployment? o We should compare unemployment BEFORE the policy to unemployment AFTER the policy. As such, the policy was a failure because actual unemployment rose by 4% o We should compare unemployment WITH the policy to what would have happened to unemployment WITHOUT the policy (ie the counterfactual). It's possible that the 4% increase in unemployment may be smaller than the increase in unemployment would have been without the policy

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