READ ALL BELOW AND ANSWER THE QUESTION ON THE END......!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Theme: Economic Stimulus and Relief Package for Covid-19 (coronavirus).

In the face of the Covid-19 pandemic, former President Trump signed the bipartisan law on "Economic relief and stimulus" (Coronavirus 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 a year or $150,000 per couple, plus $500 for each child; loans to businesses to continue paying workers' wages; expansion of the coverage of the payment of unemployment pensions to workers discharged because of 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 deadline for making tax contributions until June; among many other measures that involve a monetary injection or increase in the circulation of money from the economy of 2.2 billion dollars (equivalent to 10% of GDP of the US!). Subsequently, the current President Biden signed an agreement that reinforced the previous law.

1. What do Presidents, Congress and the Fed intend to achieve through these measures?

2. From an economic point of view, what could be expected as a result of these fiscal and monetary decisions?

3. What would apparently have been achieved so far with the economic stimulus package? Why?

4. What are the risks of this kind of expansive fiscal policy?