You will be asked to describe the Macroeconomic impact of the coronavirus on the US economy from January 2020-today as well as to offer your predictions/expectations going forward. Your answer should use the materials covered in the course after Spring Break. Good answers will include an interpretation of the economy using the following:

AD , AS, Price Level, unemployment impacts, GDP impacts, Okun's Law, Money Supply, Money Demand, interest rate determination,Fiscal Policy(tax changes, government spending changes, deficits, National Debt, ) andMonetary Policyby the FOMC (Open Market Operations, Discount Rate policy, Required reserve ratios, and interest on reserves), and MV=PQ.