Read the following article:

The Case against Bailing Out the Airline Industry | Mercatus Center

https://www.mercatus.org/publications/covid-19-crisis-response/case-against-bailing-out-airline-industry

1. What type of monetary policy would help aviation industry during the Covid-19 crisis? What are pros and cons of using monetary policy?

2. What type of fiscal policy would help aviation industry during the Covid-19 crisis? What are pros and cons of using fiscal policy?

3. Do you agree with the authors? Why or why not?