The $1.9 trillion economic stimulus COVID-19 Stimulus Package or American Rescue Plan was signed into law by President Biden on March 11, 2021. This package aims to speed up the economic recovery from the COVID-19 pandemic and ongoing recession in the United States. In macroeconomics, this package is an application of ____? A) Monetary Policy B) Fiscal Policy C) Trade policy D) Consumer Policy 5. In a closed economy, income equals expenditure because of which of the following ____? A) GDP does include all expenditures. B) The influence of governments on individual markets. C) GDP does not include intermediate goods in some cases. D) Total expenditure of consumers must be equal to the income of producers