• How is the interest rate determined in the money market? Describe the process in the money market by which the interest rate reaches its equilibrium value. If it is above the equilibrium what happens?

• Explain the difference between a contractionary and expansionary and discretionaryfiscal policy?

• What type of fiscal Policy is used during a recession? What type of Fiscal Policy do you think is being used nowadays in the wake of the current Covid - 19 crisis?

• Explain with examples, expansionary and contractionary monetary policy.

• How do automatic stabilizers work in times of inflation and recession?

• Compare and contrast multiplier effect and Crowding out effect?

• What type of Monetary policy is the Fed using to eliminate the occurrence of a recession that may result from the current Coronavirus pandemic?

• How is the Congress handling the current unemployment in the economy?

• Is the government's policy to combat unemployment acting as an automatic stabilizer?