"Understanding the Economic Shock of the COVID-19 Crisis" https://www.youtube.com/watch?v=RK2IfGPSqO0

"How GDP Tells Us If We're in a Recession:" https://www.youtube.com/watch?v=FH-mKagDQDg

"Why We're Seeing Mass Layoffs in the US But Not the UK:"http://econeveryday.com/vox-why-were-seeing-mass-layoffs-in-the-us-but-not-the-uk/

1.In March, how much did investment & consumer spending change, according to the 1^stvideo?Which industries suffered disproportionate job loss and business losses? Why?

2. The 2^nd& 3^rdvideos talk about policies that could alter such spending to avoid a "U-shaped" or "L-shaped" recovery. Explain their differences. From the videos & current news from Washington, which of these policies are most promising & why?