Week five focuses on discretionary fiscal policy. Fiscal stimulus is implemented by the Federal government in response to an economic contraction. Expansionary fiscal policy consists of tax cuts and increases in government spending instituted to combat a recession. Watch the PBS News hour video "How did the stimulus checks impact everyday Americans?" Answer the following question. Was the covid stimulus response effective fiscal policy? Be certain to comment on particular aspects of the package and how the covid relief plan affected the lives of everyday Americans