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In your opinion, are the stimulus checks still necessary to bail out the U.S. economy from the downturn by the COVID-19 pandemic in the second
In your opinion, are the stimulus checks still necessary to bail out the U.S. economy from the downturn by the COVID-19 pandemic in the second half of 2021? Will a lift of the minimum wage up to $15/hour work better? Please state your answer in the language of economics and indicate which macroeconomic model (classical, Keynesian, monetarist, or rational expectation) to support your answer.
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