Topic: Government and Bangko Sentral ng Pilipinas Responses to the Covid-19 pandemic

1. Provide a report on at least two responses of the national government and Bangko Sentral ng Pilipinas in addressing the effects of the Covid-19 pandemic on the economy (i.e., economic community quarantine, social amelioration program, work-from-home, monetary and fiscal policies and programs.)
2. Discuss how these programs and policies mitigate the negative economic effects of the pandemic on individual consumers, firms, household sector, firm sector, and other major sectors of the economy in the short- and long-run (i.e., price levels, inflation, demand and supply of goods and services).
3. Illustrate and analyze the effects of the pandemic and government and BSP programs and responses on the aggregate demand for goods and services of individual consumers and households, and aggregate supply of goods and services of firms (or aggregate expenditure, or marginal cost and average total cost of production using graphical models for aggregate expenditure, aggregate demand, aggregate supply, money demand, money supply, consumers' demand or firm's marginal cost and average total cost curves).
4. Discuss if these programs and policies are, or will be effective in addressing the effects of the pandemic (i.e., spurring economic activity, economic recovery, etc.).
5. Provide a one-page executive summary at the start.