Unit 2 Discussion: Stimulus Checks and Inflation Please view the following two videos and answer the questions that follow: Video 1 c Video 2 2 1) How did the U.S. government fund the stimulus issued during the COVID-19 pandemic? 2) When the government funds its expenditures by borrowing. it means it is engaging in debt financing. Who can lend to the government? (Hint: there are 4 entities) Which entity is unique in the way it can purchase government bonds (i.e.. lend to the federal government)? What makes this entity unique? (3) What were/are some worries with regards to how the unique entity might impact inflation? 4) What were some reasons/indicators that suggested inflation would not be impacted? 5) Please read the following (later) article: Larry Summers sends inflation warning to White House: Dominant risk to economy is 'overheating' - CNNPolitics e 6) How was inflation impacted? 7) What are some of your views about the way the government and the Federal Reserve approached the economic crisis surrounding the COVID-19 pandemic? Please answer academically and respectfully. Thank you for your contribution